Question

state any two characteristic of capitalism ​

Answer 1

Explanation:

A Two-Class System

Historically, capitalist society was characterized by the split between two classes of individuals—the capitalist class, which owns the means for producing and distributing goods (the owners) and the working class, who sell their labor to the capitalist class in exchange for wages.

Answer 2

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Capitalism is an economic system based on private ownership of the means of production. The following are the primary characteristics of capitalism.

$\bold\red{Private~Ownership}$

Capitalism is based on property rights and the principle that the government should leave economic production to the private sector.

$\bold\red{Capital~Accumulation }$

Capitalism is a competitive system whereby capital is accumulated by individuals who are successful in the market. This is intended to give individuals incentives to work, innovate and improve things.

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