History, asked by debangichanda2202, 1 month ago

Explain capitalism in one line.
Please answer me correctly as fast as possible...​

Answers

Answered by mathscience61
1

Answer:

Capitalism is a system of economic production whereby business owners (capitalists) acquire the means of production (capital) and hire workers who get paid for their labor.

Answered by Laibakhan1
1

An economic and political system in which a country's trade and industry are controlled by private owners for profit, rather than by the state.

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