History, asked by sharu7057, 11 months ago

what is known captialism​

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Answered by somya3724
0

Answer:

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

Answered by UrsAnnabelle
0

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.

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