Andrew Carnegie.
Carnegie was born in 1835 in Dunfermline, Scotland. His family moved to America in 1848. He established the Carnegie Steel Company in Pittsburgh, Pennsylvania, which he later sold (and it became known as U.S. Steel). In later life, he became known for his philanthropy, giving of his wealth to various causes. The famous Carnegie Hall in New York City is just one example of something the wealth of Andrew Carnegie built for the benefit of others.
It provided greater political freedom to women
<span>the economies of the nations of the world are closely linked. (you welcome)</span>
<u>Answer</u>:
Capitalism is A) an economic system which allows individual to own and operate private businesses.
<u>Explanation</u>:
The term Capitalism refers to an economic system that encourages private ownership. Private ownership means that the resources are owned by an individual or private company. A country is said to be capitalist if its trade, industry along with profits are managed by the private companies.
In other words, individuals are authorized to own and run private enterprises. Capitalism is one of the earliest types of economic systems of the world and is embraced by various countries like the United States, Canada, Germany, United Kingdom, Japan, etc.
Hence, option A is right, Capitalism permits people to own and run private enterprises.
