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What type of economic system do individuals own most of the businesses?
Capitalism
System in which people are free to start their own businesses and own their own property?
It is Capitalism
What is an economic system which allows individuals to own and operate private businesses?
Capitalism
What is capitalism like?
Capitalism is an economic idea where the people work for the people, not the government. Individuals own businesses, land, and goods. Capitalism has flourished because individuals are working for their own good - they have money to strive for. The opposite of capitalism is communism. An example of a country who uses capitalism is the USA.
What is an economic system in which individuals own and operate the majority of businesses that provide good and services?
capitalism
Which is a fundamental idea of laissez-faire capitalism?
Businesses should gain and lose according to their own efforts
What is an economic system where people can start their own business?
Capitalism is the economic system that permits and even encourages people to start their own businesses.
Who owns businesses in capitalism?
s*** does
What is the correct description for capitalism?
Capitalism is when the people/public own and operate most businesses and own land. the united states is a capitalist country. i am a 7th grade student and we just learned about this in geography! that is the definition we got! hope this helped!
Are businesses allowed to make profit under capitalism?
Yes they are.
Who owns the businesses in Capitaliam?
In Capitalism, businesses are owned by private individuals, corporations, or share holders depending on the company.
What is the private ownership of businesses and control over resources?
pure capitalism
