asked 182k views
5 votes
Under a capitalistic system, decisions such as what goods and services to produce, what to charge, and how much to import or export are made by:

asked
User RohitK
by
8.8k points

1 Answer

5 votes

Answer: Private entrepreneurs

Explanation: In a capitalistic economy all the major industries and resources are owned or controlled by the private owners. In such an economy the intervention of govt. on business activities is very minimal.

The decision regarding what to produce or how much to produce are

taken by the private individuals based upon the market forces of demand and supply.

Hence, the answer to this case is private entrepreneurs.

answered
User Daniel Morris
by
8.2k points

Related questions

asked Oct 2, 2024 159k views
Lochemage asked Oct 2, 2024
by Lochemage
7.4k points
1 answer
2 votes
159k views
1 answer
5 votes
109k views
Welcome to Qamnty — a place to ask, share, and grow together. Join our community and get real answers from real people.