Discover the answers you need at Westonci.ca, where experts provide clear and concise information on various topics. Our platform provides a seamless experience for finding precise answers from a network of experienced professionals. Join our platform to connect with experts ready to provide precise answers to your questions in different areas.

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.