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proprietorship colonies

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Ursula Block

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4y ago

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the answer is : Capitalism


What does the economic system in which the means of production and distribution are privately owned and operated for profit under competitive conditions?

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What is the economic system in which the means of production and distribution are privately owned and and operated for profit under competitive conditions?

Capitalism


What is the economic system in which the means production and distribution are privately owned and operated for profit under competitive conditions?

The definition of capitalism is an economic system in which the means of production and distribution are privately or corporately owned and the operations are funded by profits. An example of capitalism is the prison system in the United States being operated by private companies.


What is the economic system in which the means of production and distribution are privately owned operated for profit under competitive conditions?

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