Economy, asked by singhdhillon987654, 8 months ago

In a capitalistic system, all the economic ​

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Answered by kadaliRupasree
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In a capitalist economy, capital assets—such as factories, mines, and railroads—can be privately owned and controlled, labor is purchased for money wages, capital gains accrue to private owners, and prices allocate capital and labor between competing uses (see “Supply and Demand”).

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