Social Sciences, asked by RishikaParikh, 1 day ago

What do you know about capitalism?​

Answers

Answered by aryansayare3
1

Answer:

Capitalism is an economic system in which private individuals or businesses own capital goods.

Explanation:

Capitalism or capitalist economy is referred to as the economic system where the factors of production such as capital goods, labour, natural resources, and entrepreneurship are controlled and regulated by private businesses. ... The main characteristic of a capitalist economy is the motive of earning profit.

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