Geography, asked by diya2006aswal, 7 months ago

What is the basic idea of capitlism?????

Answers

Answered by vbhagchand26gmailcom
1

Answer:

please mark as brainliest

Explanation:

Capitalism is an economic system based on the private ownership of the means of production and their operation for profit. Characteristics central to capitalism include private property, capital accumulation, wage labor, voluntary exchange, a price system and competitive markets.

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