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

Capitalism


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?

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 means of 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 are some Example of capitalism?

The economic system where operations are funded by profit and where production and distribution are corporately or privately owned is capitalism. Examples of countries that use capitalism include the United States, United Kingdom, Canada, Japan, Denmark, and Australia.


Where do most cheerleaders spend their time at?

Cheerleaders practice either in school gyms, or competitive privately owned gyms


What is capitilism?

an economic system in which all or most of the means of production and distribution, as land, factories, communications, and transportation systems, are privately owned and operated in a relatively competitive environment through the investment of capital to produce profits: it has been characterized by a tendency toward the concentration of wealth, the growth of large corporations, etc. that has led to economic inequality, which has been dealt with usually by increased government action and control


What does industrial capitalism mean?

Industrial capitalism refers to an economic and social system in which trade, industry and capital are privately controlled and operated for a profit. In a capitalist system,income, production, distribution, investments pricing and supply of goods and commodities and services are determined by private decisions usually within the context of markets. In a capitalistic state, property is privately owned and this is protected by the rule of law of government. Thus in the rise of industrial capitalism, we are looking at starting of when individuals in a society started acquiring property privately.


What is capitalsim?

Capitalism- An economic system in which the means of production and distribution are privately or corporately owned and development is proportionate to the accumulation and reinvestment of profits gained in a free market.


Who owns the means of production in Mexico?

Most are privately-owned. Two notable exceptions are however, the oil and energy industries.


How did the colonist begin free enterprise system?

The free enterprise system was an economic system in which the means of production and distribution are privately or corporately owned and development is proportionate to the accumulation and reinvestment of profits gained in a free market. This was dominant after mercantilism and it was fostered by the Reformation and rise of the Industrial Revolution.