Write on the usefulness of capitalism.
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Capitalism is an economic system characterized by private ownership of the means of production, especially in the industrial sector. Capitalism depends on the enforcement of private property rights, which provide incentives for investment in and productive use of productive capital.
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1
Answer:
Capitalism is an economic system characterized by private ownership of the means of production, especially in the industrial sector. Capitalism depends on the enforcement of private property rights, which provide incentives for investment in and productive use of productive capital.
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