Economy, asked by nick65, 1 year ago

what is capitalist economy

Answers

Answered by mrinmai1
13
it is a type of economy in which the goods or products are owned by the one man private individuals
the production of goods is based on the supply and demand in market

mark brainliest if useful
Answered by SelieVisa
2

Answer:

Capitalist Economy is the economic system where production and property are privately owned by individuals and companies. The free market determine the supply, demand, and prices of the products. There is no direct government intervention.

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