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Can you own a private business in a capitalist country?​

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Answer:

In practice, however, Sweden is not strictly socialist, and the United States is not strictly ... system where the means of production are owned by private individuals. ... Under a capitalist economy, the economy runs through individuals who own and ... Corporations can sue and be sued; they can buy and sell property

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User Kishan K
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Answer:

Under a capitalist economy, the economy runs through individuals who own and operate private companies. Decisions over the use of resources are made by the individual or individuals who own the company. In a theoretical capitalist society, companies that incorporate are treated by the same laws as individuals.

User Lajos Arpad
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