In Capitalism, businesses are owned by private individuals, corporations, or share holders depending on the company.
Capitalism
Yes they are.
Well, the name for this type of system is centrally planned, and one country with this economic system is China.
State capitalism.
Capitalism
pure capitalism
In a mixed economy the owner owns a business.
Private Companies
Capitalism
socialism.
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.