what is capitalism?
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Answer:
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.
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Here Is Your Answer!!
Explanation:
Capitalism is an Economic System based on the private ownership of the means of Production & Their operation for profit.
Central Characteristics of Capitalism include....Capital Accumulation,Competitive Markets,Price System,Private Property & The recognition of property rights,Voluntary Exchange & Wage Labor.
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