Question

What is capitalism or capitalist system with example?

Answer 1

hyyy...

☆Capitalism is an economic system in which the means of production and distribution are privately or corporately owned.
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Operations are funded by profits, and not controlled by a state government.
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Answer 2

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Capitalism is an economic system where private entities own the factors of production. The four factors are entrepreneurship, capitalgoods, natural resources, and labor. The owners of capital goods, natural resources, and entrepreneurship exercise control through companies. The individual owns his or her labor.

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