Social Sciences, asked by AAHEARTHACKER, 11 hours ago

what do you mean by capitalism .
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Answered by milimaheshwari7b25
1

Answer:

Capitalism is an economic system in which private individuals or businesses own capital goods. The production of goods and services is based on supply and demand in the general market—known as a market economy—rather than through central planning—known as a planned economy or command economy.

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Answered by ritugiri26
0

Answer:

Capitalism is an economic system in which private individuals or businesses own capital good it is also called free market economy or free enterprise economy, economic system, dominant in the Western world since the breakup of feudalism, in which most means of production are privately owned and production is guided and income distributed largely through the operation of markets.

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