At Westonci.ca, we connect you with the best answers from a community of experienced and knowledgeable individuals. Experience the convenience of getting accurate answers to your questions from a dedicated community of professionals. Connect with a community of professionals ready to help you find accurate solutions to your questions quickly and efficiently.

What is an economic system based on private property and free enterprise called

Sagot :

Answer:

Capitalism is generally considered to be an economic system that is based on private ownership of the means of production and the creation of goods or services for profit by privately-owned business enterprises.

We hope this was helpful. Please come back whenever you need more information or answers to your queries. Thank you for visiting. Our goal is to provide the most accurate answers for all your informational needs. Come back soon. Your questions are important to us at Westonci.ca. Visit again for expert answers and reliable information.