Capitalism is an economic system in which privately owned businesses and individuals attempt to make a profit in a free market.

Question

ddd [48]

4 years ago

9

Capitalism is an economic system in which privately owned businesses and individuals attempt to make a profit in a free market.

True False

Business

1 answer:

DaniilM [7] · Answer 1 · 2021-12-07T04:47:03+03:00

Capitalism is indeed an economic system in which privately owned businesses and individuals attempt to make a profit in the free market. The aspects of private ownership of businesses and working for profit are essential factors of capitalism as a theory and also as it is practiced.