Economy, asked by Disai2097, 11 months ago

Write two advantages of capitalist economy.

Answers

Answered by Anonymous
1

Answer:

The advantages of capitalism include: Consumer choice -

1. Individuals choose what to consume, and this choice leads to more competition and better products and services.

2. Efficiency of economics - Goods and services produced based on demand create incentives to cut costs and avoid waste.

Similar questions