3 years ago

What economic system is controlled by private owners with little government influence?

Social Studies

2 answers:

Misha Larkins [42]3 years ago

4 0

Answer:capitalism

Explanation:

qaws [65]3 years ago

4 0

Answer:

Capitalism is the economic system which is controlled by private owners with little government influence.

Explanation: 

Capitalism is a system where capital is governed by businessmen or private individuals. Such economy is known as market economy in which supply and demand influence the production of products, services and goods .

It is a result of laissez-faire policy in which business owner are free to form policies without the red tapping by the government in order to increase their profit.

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