History, asked by palasbis, 9 months ago

write short notes on capitalism​

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Answered by mandalprabir517
4

Answer:

it's Wright mate and also helpful

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Answered by Anonymous
2

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Capitalism is an economic system based on the private ownership of the means of production and their operation for profit. Different forms of capitalism feature varying degrees of free markets, public ownership, obstacles to free competition and state-sanctioned social policies.

Characteristics central to capitalism include private property, capital accumulation, wage labor, voluntary exchange, a price system and competitive markets.

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