Question

What do you mean by capitalism
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Answer 1

Answer:

Capitalism is often thought of as an economic system in which private actors own and control property in accord with their interests, and demand and supply freely set prices in markets in a way that can serve the best interests of society. The essential feature of capitalism is the motive to make a profit.

Explanation:

Capitalism Definition & Examples. Capitalism is an economic system in which factors of production which include capital goods, natural resources, labor, and entrepreneurship are owned by private individuals or businesses.

mark branilest

Answer 2

Explanation:

Capitalism is an economic system in which business are owned and run for profit by individuals and not by the state.