what is capitalist economy
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capitalist economy - an economic system based on private ownership of capital. capitalism. venture capitalism - capitalism that invests in innovative enterprises (especially high technology) where the potential profits are large
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hello frnd here is ur answer.....
→capitalism is an economic system in which capital goods are owned by private individuals are businesses.
→The production of goods and services is based on supply and demand in the general market (market economy), rather than through Central planning.
hope it helps u.
→capitalism is an economic system in which capital goods are owned by private individuals are businesses.
→The production of goods and services is based on supply and demand in the general market (market economy), rather than through Central planning.
hope it helps u.
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