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HOW DOES CAPITALISM WORKS IN GLOBALIZATION

Sagot :

Capitalism leans towards private ownership as opposed to government ownership. Capitalism is encouraged by globalization
terryrace

Answer:

Capitalism is defined as a system wherein economic distribution and production are owned by private entities in order to accumulate profit. Capitalism leans towards private ownership as opposed to government ownership. Capitalism is encouraged by globalization. However, the two terms cannot be interchanged.

Explanation:

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