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kompoz [17]
2 years ago
5

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

Social Studies
2 answers:
Misha Larkins [42]2 years ago
4 0

Answer:capitalism

Explanation:

qaws [65]2 years ago
4 0

<u>Answer:</u>

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

<u>Explanation: </u>

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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A community is a group of people with common interests and values. Community is characterized by "wholeness incorporating diversity" and may include people of different ages, ethnicities, educational backgrounds and incomes (Gardner 2003). Individuals may be members of two or more communities; for example, one of geographic residence and another of employment.

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3 0
2 years ago
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2 years ago
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