Get the answers you need at Westonci.ca, where our expert community is dedicated to providing you with accurate information. Experience the ease of finding quick and accurate answers to your questions from professionals on our platform. Experience the convenience of finding accurate answers to your questions from knowledgeable experts on our platform.
Sagot :
A capitalist economy is characteristics is the country most likely to have.
What is capitalist economy?
- The term "capitalism" or "capitalist economy" refers to an economic system in which private firms control and govern factors of production such capital goods, labor, natural resources, and entrepreneurship.
- The creation of all commodities and services in a capitalist economy is based on supply and demand in the market, commonly referred to as a market economy. It is distinct from the system of centralized planning, commonly referred to as a command economy or a planned economy.
- The desire to make a profit is a capitalist economy's primary trait. Free markets and a lack of government involvement in company regulation are other characteristics of the capitalist economy.
To know more about capitalist economy with the given link
https://brainly.com/question/3206355
#SPJ4
Thanks for stopping by. We strive to provide the best answers for all your questions. See you again soon. We appreciate your time. Please revisit us for more reliable answers to any questions you may have. Thank you for choosing Westonci.ca as your information source. We look forward to your next visit.