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A capitalist system involves people working for themselves in order to make a profit. A capitalist government usually believes in rare government intervention, low taxes on businesses, promoting privatisation and encouraging foreign investment.

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βˆ™ 12y ago
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βˆ™ 13y ago

Since this question is in the Karl Marx category, the answer should be what Marx thought the three characteristics are: They are

  • production of commodities
  • surplus-value
  • free labor
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βˆ™ 14y ago

In its ideal form: small government, scarce government intervention, low taxes (because with a small government they are not necessary and they are considered forced labor), a nation of laws, a good justice system,. Meanwhile, the people must work for themselves, own businesses, and the wealth will spread over society (trickle down).

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Q: Main features of a capitalist system?
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