Economy, asked by deepakpravee586, 1 month ago

what do you meant by capitalism​

Answers

Answered by ss6406817
1

Answer:

Capitalism is an economic system characterized by private ownership of the means of production, especially in the industrial sector. Capitalism depends on the enforcement of private property rights, which provide incentives for investment in and productive use of productive capital.

Answered by sonuajit459
0

Explanation:

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.

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