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A capitalistic system includes a market society, or market system--a system of mercantilism in which participants react freely to the opportunities and challenges of the marketplace.
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∙ 13y ago
A capitalistic system is an economic system based on private ownership of the means of production and the pursuit of profit. In a capitalistic system, individuals and businesses are free to compete in the marketplace, determining prices and allocating resources. This system operates on the principles of supply and demand, with minimal government intervention in the economy.
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What is a pure capitalistic system?
A capitalistic system is an economic system known as a free enterprise system.
What is pure capitalistic system?
A capitalistic system is an economic system known as a free enterprise system.
What system is also called a monopoly system?
Capitalistic system.
What economic system is Italy?
capitalistic economy
What economic system does Greenland have?
Capitalistic mixed economy
What adjectives would you use to describe a person who only cares about money?
Greedy, self-indulgent, possessive, materialistic, avaricious, consumerist, capitalistic, acquisitive
Which country is the best example of a capitalistic economic system?
Vietnam
Which element controls and maintains a capitalistic economic system?
competition
The first nation built on a capitalistic system was .?
Netherlands
How would you describe a single pulley system?
describe a single pulley system
How would you describe the function of the reproducive system?
describe the function of the reproducive system
What kind of ecomomic system does Mexico have?
It is an "emerging market economy" with capitalistic tendencies.
