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Capitalism was controlled by the people not the King or Queen. What else was a component of Capitalism?

Capitalism was controlled by the people not the King or Queen. What else was a component of Capitalism?
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Capitalism was controlled by the people not the King or Queen. What else was a component of Capitalism?

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User Femotizo
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2 votes

Answer:

Prices and distribution were determined by competition.

Companies can't make economical decision without government permission.

Investments are determined by private sector and the level of production, basically depends on them.

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User Heinztomato
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capitalism is not regulated by the government.
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User Sukant Hajra
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