<u>Answer</u>:
Capitalism is A) an economic system which allows individual to own and operate private businesses.
<u>Explanation</u>:
The term Capitalism refers to an economic system that encourages private ownership. Private ownership means that the resources are owned by an individual or private company. A country is said to be capitalist if its trade, industry along with profits are managed by the private companies.
In other words, individuals are authorized to own and run private enterprises. Capitalism is one of the earliest types of economic systems of the world and is embraced by various countries like the United States, Canada, Germany, United Kingdom, Japan, etc.
Hence, option A is right, Capitalism permits people to own and run private enterprises.
Ming Dynasty is last dynasty in China ruled by ethnic Han Chinese.
than was the Shun dynasty, soon replaced by the Manchu-led Qing dynasty
The most common last name in the United States is John or Smith as most surnames originated from professions of the person.
