1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
lara31 [8.8K]
2 years ago
8

This is characterized by competition, supply and demand, uses money to settle

History
1 answer:
viktelen [127]2 years ago
4 0

Capitalism is an economic system based on the private possession of the method of production and their operation for profit. Significant characteristics of capitalism encompass capital accumulation, competitive markets, rate device, private property, belongings rights recognition, voluntary change, and wage labor.

Capitalism is regularly thought of as an economic system wherein private actors personal and control assets in accord with their pastimes, and call for and supply freely set costs in markets in a manner which can serve the satisfactory hobbies of society. The crucial feature of capitalism is the motive to make a income.

Capitalism is often thought of as an economic gadget in which private actors personal and manipulate assets in accord with their interests, and demand and supply freely set costs in markets in a way that can serve the first-rate interests of society. In a capitalist economy, capital belongings—including factories, mines, and railroads—can be privately owned and managed, hard work is bought for money wages, capital profits accrue to private owners, and expenses allocate capital and hard work among competing makes use of (see “supply and call for” in the June 2010 F&D).even though a few shape of capitalism is the premise for nearly all economies these days, for much of the final century it become but one in all  major methods to economic organization. within the different, socialism, the kingdom owns the approach of production, and nation-owned enterprises are looking for to maximise social properly rather than income.

Learn more about The core of capitalism here:

brainly.com/question/25879591

#SPJ4

You might be interested in
What two political parties emerged after the election of 1824?
a_sh-v [17]
The Democratic Party and The National Republican Party emerged after the 1824 election. Good luck!
5 0
3 years ago
What does Crucified mean?
marta [7]
Its to like put them at harm or in a negative sutiation/position.
8 0
3 years ago
The ______ is the governmental body that regulates political action committees (PACs).
aliina [53]

The Federal Election Commission or FEC


8 0
2 years ago
Why did the southern colonies have a lot of slavery
Black_prince [1.1K]
Farming, building, etc. A lot of slave owners in the south weren’t exactly pleasant to the slaves.
8 0
3 years ago
Which four colonles were considered to be part of the Middle Colonles?
kari74 [83]

Answer: Pennsylvania, New York, New Jersey, and Delaware

Explanation:

6 0
3 years ago
Other questions:
  • What was the cause of the great Sioux war?
    7·2 answers
  • How were the british able to conquer india?
    10·1 answer
  • What is dharma? A.an individual’s moral and religious duties B.the rebirth of the soul in another bodily form C.union with Brahm
    11·1 answer
  • What are the major symbols and sacred sites of the Jewish, Christian, and Islamic faiths?
    13·1 answer
  • The Velvet Revolution took place in _____. <br> Romania<br> Bulgaria<br> Poland<br> Czechoslovakia
    11·2 answers
  • How is modern history different than history in 1789
    13·2 answers
  • The reason the courts of appeals are sometimes called “gatekeepers” is that
    8·2 answers
  • Is Rome society worth celebrating?​
    14·2 answers
  • How did the Order of the Holy Trinity help the Crusaders?
    5·1 answer
  • What was the effect of john brown leading attacks on harpers ferry
    6·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!