History, asked by singhparinita746, 6 months ago

explain the term capitalist​

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Answered by XxItzqueenxX00
4

Answer:

Capitalism is an economic system in which private individuals or businesses own capital goods. The production of goods and services is based on supply and demand in the general market—known as a market economy—rather than through central planning—known as a planned economy or command economy.

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