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bagirrra123 [75]
3 years ago
13

How are prices determined in capitalists economic?

History
1 answer:
stira [4]3 years ago
6 0
In a capitalist society the prices of goods, services and labour are determined by supply and demand. If a lot of people want to buy a certain product its price will go up. Products that are mass produced usually have low prices. Another important feature of capitalism is competition.
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Interest groups & political parties shape American politics in that both are powerful and influential groups that are led by smart leaders who have convictions and have tried to influence the public opinion of the American people throughout history.

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brainly.com/question/21671685?referrer=searchResults

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Explanation:

Hope this helps

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