Question

What two principles form the basis for capitalism? private ownership and equal wealth free markets and shared property private ownership and free markets free markets and government oversight

Answer 1

You need to understand what capitalism is before answering this one. In the capitalist economy, people are free to own businesses and enterprises to pursue their own self goals.

Secondly capitalism is inherently dependent on the equation between supply and demand, which defines the need for production.

The two main factors of capitalism are – freedom to access markets, and freedom to negotiate the price of goods.