History, asked by vanshita7760, 1 year ago

hey guys
explain capitalist society

Answers

Answered by nhkmk786
1

capitalism. 1. An economic system essentially based on the private ownership of the means of production, distribution, and exchange. 2. An economic system in which the means of production are privately owned and producers compete to maximize their profits.

Answered by aarav4991
3

Answer:

ᴀ ᴄᴀᴘɪᴛᴀʟɪsᴛ sᴏᴄɪᴇᴛʏ ɪs ᴀ sᴏᴄɪᴀʟ ᴏʀᴅᴇʀ ɪɴ ᴡʜɪᴄʜ ᴘʀɪᴠᴀᴛᴇ ᴘʀᴏᴘᴇʀᴛʏ ʀɪɢʜᴛs ᴀɴᴅ ᴛʜᴇ ғʀᴇᴇ ᴍᴀʀᴋᴇᴛ sᴇʀᴠᴇ ᴀs ᴛʜᴇ ʙᴀsɪs ᴏғ ᴛʀᴀᴅᴇ, ᴅɪsᴛʀɪʙᴜᴛɪᴏɴ ᴏғ ɢᴏᴏᴅs, ᴀɴᴅ ᴅᴇᴠᴇʟᴏᴘᴍᴇɴᴛ.


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