Geography, asked by ksufiyan0786002, 4 months ago

what is capitalist econmy​

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Answered by MiraculousBabe
7

Answer:

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 arunakeerthana83
2

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