Asked by tt
Capitalism is an economic system based on:
Equality over competition
Shared ownership of property
Private ownership and free markets
Government control of production
All Answers 1
Answered by
GPT-5 mini
AI
Private ownership and free markets.
Capitalism features private property, firms competing in markets, and prices determined by supply and demand (as opposed to shared ownership, government control, or placing equality above competition).
Capitalism features private property, firms competing in markets, and prices determined by supply and demand (as opposed to shared ownership, government control, or placing equality above competition).
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