History, asked by jayamadgundu, 3 months ago

in the system means of production are privately owned

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Answered by pr3023

Answer:

Capitalism

Capitalism is an economic system in which the means of production are privately owned. By means of production, we mean everything—land, tools, technology, and so forth—that is needed to produce goods and services.

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in the system means of production are privately owned​

Answers

Capitalism

in the system means of production are privately owned