History, asked by sharu7057, 1 year ago

what is known captialism

Answers

Answered by somya3724

Answer:

the economic system in which businesses are owned and run for profit by individuals and not by the state

Answered by UrsAnnabelle

Answer:

Capitalism, also called free market economy or free enterprise economy, economic system, dominant in the Western world since the breakup of feudalism, in which most means of production are privately owned and production is guided and income distributed largely through the operation of markets.

Previous Question

Next Question

Similar questions

Social Sciences, 6 months ago

Question:- You were waiting at Terminal 4 of Indira Gandhi International Airport to board your flight. Suddenly several masked men entered and started shooting indiscriminately. In no time security personal overpowered the men. Write a report in about 150 -200 words on the incident for the local newspaper. You are Karan, special Correspondent for TOI. Note:- ⚠️Don't spam⚠️ ...

Math, 6 months ago

For each 24 mm of coloured fabric Gordon uses to make his curtains, he also uses 1.2 cm of white fabric. Express the amount of white fabric to coloured fabric as a ratio in its simplest form...

English, 6 months ago

1)Another word for something big is______ 2)Trousers are also known as_______ 3)The word debate is also known as______ 4)My house has a veranda or______ 5)The skin of an animal is also called_____ 6)Dinner is also known as_____ 7)Abdomen is also known as______ 8)The word purchase has the same meaning as the word_____ 9)A sofa is another word for____...

Physics, 1 year ago

What is a solution????

Math, 1 year ago