Answer:
A capitalist economy is an economic system in which production, trade, and ownership are based on private property and the exchange of goods and services through a market system.
This type of economy has been a dominant force in world history since the Industrial Revolution of the 18th century.
In a capitalist economy, production is driven by private capital and businesses, and the profit motive is a major driving force.
The government plays a limited role, usually only providing regulation of the market and ensuring basic rights and protections for consumers. In a capitalist economy, individuals and businesses are free to pursue their own economic interests, and the economy rewards those who are most successful.
This economic system has been the foundation of some of the world's most successful economies, such as the United States and other Western nations.