What is the meaning of Capitalism?

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asked Jun 5, 2022 116k views

19 votes

What is the meaning of Capitalism?

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college

Lauren Yim asked

by Lauren Yim

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Answer:

the economic system in which businesses are owned and run for profit by individuals and not by the state

FMK answered Jun 8, 2022

by FMK

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Capitalism means an economic and political system in which a country's trade and industry are controlled by private owners for profit, rather than by the state.

Iclman answered Jun 10, 2022

by Iclman

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