what is capitalism and its aspects?
Answers
Answer:
capitalism is a economic system in which private individuals or corporation own capital goods that is factories raw material the means of production .....they may be determine where to invest what to producer sells, and at which price to exchange goods and services
capitalism is defined by private property rights,capital accumulation and we investment free markets and competition
Answer:
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. The essential feature of capitalism is the motive to make a profit.
Capitalism is a system of economic production whereby business owners (capitalists) acquire the means of production (capital) and hire workers who get paid for their labor. Capitalism is defined by private property rights, capital accumulation and re-investment, free markets, and competition.