2 years ago

How does a capitalist economy work

Social Studies

2 answers:

Jobisdone [24]2 years ago

7 0

Companies compete with each other for business

Anvisha [2.4K]2 years ago

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At its root, capitalism is an economic system based on three things: wage labour (working for a wage), private ownership or control of the means of production (things like factories, machinery, farms, and offices), and production for exchange and profit

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