luciankhensani44 luciankhensani44
  • 25-03-2021
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define the term capitalism in the context​

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bluehue21 bluehue21
  • 25-03-2021

Answer:

Capitalism is an economic system in which private individuals or businesses own capital goods. The production of goods and services is based on supply and demand in the general market—known as a market economy rather than through central planning known as a planned economy or command economy.

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