what is the capitalism

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02-11-2021
Business

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what is the capitalism

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Soore Soore · Answer 1 · 2021-11-02T08:48:35-04:00

Soore Soore

02-11-2021

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.

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