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JulijaS [17]
4 years ago
15

Who owns the means of production, resources, and businesses in a capitalist economy?

History
1 answer:
nadezda [96]4 years ago
7 0

The means of production, resources, and businesses in a capitalist economy are based on the private ownership ( as opposed to public ownership). Private ownership is a basic characteristic of Capitalism, together with the notion of market economy, in which the economic decissions are made following the trends of supply and demand.

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