Under a capitalistic system, decisions such as what goods and services to produce, what to charge, and how much to import or exp

Question

natima [27]

3 years ago

11

Under a capitalistic system, decisions such as what goods and services to produce, what to charge, and how much to import or exp

ort are made by:

Business

1 answer:

olya-2409 [2.1K] · Answer 1 · 2022-05-22T22:31:46+03:00

Answer: Private entrepreneurs

Explanation: In a capitalistic economy all the major industries and resources are owned or controlled by the private owners. In such an economy the intervention of govt. on business activities is very minimal.

The decision regarding what to produce or how much to produce are

taken by the private individuals based upon the market forces of demand and supply.

Hence, the answer to this case is private entrepreneurs.