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erica [24]
3 years ago
5

Contrasted with socialist economic systems, capitalist economic systems are typically ________

History
1 answer:
DiKsa [7]3 years ago
7 0
Capitalist economic systems are typically more productive in the amount of resources they develop.

 In a socialist economy, the government controls the means of production. This means they would determine how many goods/resources are needed for their citizens. However, in a capitalist society, the amount of goods/resources produced is dependent on the wants of the consumer. This allows businesses to curtail their production to the needs of the citizens rather than the government.
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