History, asked by henboithangew06, 4 months ago

what is capitalism?

Answers

Answered by panchalisen12
0

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

Explanation:

Answered by jaanmoni277
3

Explanation:

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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