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iren [92.7K]
3 years ago
14

Who is capitalism designed for? The rich?. Anyone and everyone? EXPLAIN.

History
2 answers:
Veseljchak [2.6K]3 years ago
5 0

Answer:

Capitalism is an economic system based on the private ownership of the means of production and their operation for profit. Central characteristics of capitalism include capital accumulation, competitive markets, a price system, private property and the recognition of property rights, voluntary exchange and wage labor

Explanation:

uranmaximum [27]3 years ago
3 0

Answer: Capitalism is the greatest economic system because it has numerous benefits and creates multiple opportunities for individuals in society. Some of these benefits include producing wealth and innovation, improving the lives of individuals, and giving power to the people

Explanation:

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