What is the central idea of capitalism?

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asked Aug 12, 2022 91.0k views

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Nevin Raj Victor · Answer 1 · 2022-08-17T11:40:48+0000

Answer:

Economic system in which private actors own and control property in accord with their interests, and demand and supply freely set prices in markets in a way that can serve the best interests of society.

What is the central idea of capitalism?

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