Question

what does capitalism mean ? write two advantages of capitalism​

Answer 1

Answer:

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Your answer is as follows:

The advantages of capitalism include: Consumer choice - Individuals choose what to consume, and this choice leads to more competition and better products and services. Efficiency of economics - Goods and services produced based on demand create incentives to cut costs and avoid waste.

Capitalism means an economic and political system in which a country's trade and industry are controlled by private owners for profit, rather than by the state.

Explanation:

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