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What makes capitalism a successful economic system?

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isaiahserrano91
isaiahserrano91 isaiahserrano91
  • 16-05-2022

Answer:

Capitalism is often thought of as an economic system in which private actors own and control property in accord with their interests, and demand and supply freely set prices in markets in a way that can serve the best interests of society. The essential feature of capitalism is the motive to make a profit.

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