Economy, asked by singhprashantkpb9rln, 1 year ago

what do you mean by capitalist economy

Answers

Answered by krit02
1
Capitalism is an economic system in which capital goods are owned by private individuals or by business
Hope u understood this answer
Answered by SelieVisa
0

Answer:

Capitalist Economy is the economic system where production and property are privately owned by individuals and companies. The free market determine the supply, demand, and prices of the products. There is no direct government intervention.

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