Sociology, asked by zfssmkhankingdom, 11 months ago

want is meant by capitalism​

Answers

Answered by Anonymous
4

Capitalism :-

an economic and political system in which a country's trade and industry are controlled by private owners for profit, rather than by the state.

Answered by HEARTEDvine
4

HOPE IT WILL HELP YOU -

Capitalism is an economic system based on the private ownership of the means of production and their operation for profit. Characteristics central to capitalism include private property, capital accumulation, wage labor, voluntary exchange, a price system and competitive markets.

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