Economy, asked by kittu3978, 11 months ago

what are the characteristics of capitalised economic? write five points....

Answers

Answered by sukhmanbrar3

2

Main Characteristics of Capitalist Economies:-

A Two-Class System. ...

Profit Motive. ...

Minimal Government Intervention. ...

Competition. ...

Willingness to Change.

Answered by Utkarshkesharwani933

0

Capitalist economy has following main features:

(i) Private Property:

(ii) Price Mechanism:

(iii) Freedom of Enterprise:

(iv) Sovereignty of that consumer:

(v) Profit Motive:

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