English, asked by XAngelicBeautyX, 1 month ago

What is capitalism???????????​

Answers

Answered by SugaryHeart
6

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.

Answered by Abhinav3583
0

Answer:

the economic system in which businesses are owned and run for profit by individuals and not by the state

ऐसी अर्थव्यवस्था जिसमें व्यक्तिगत लाभ के लिए व्यवसाय चलाए जाते हैं तथा उनपर व्यक्तिगत नियंत्रण होता है न कि राज्य का; पूँजीवाद

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