Social Sciences, asked by rrr1629, 1 month ago

what is capatalist? in social science​

Answers

Answered by rohitsingh1801
1

Explanation:

Capitalism is an economic system based on the private ownership of the means of production and their operation for profit. Central characteristics of capitalism include capital accumulation, competitive markets, a price system, private property and the recognition of property rights, voluntary exchange and wage labor.

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