asked 151k views
7 votes
HOW DOES CAPITALISM WORKS IN GLOBALIZATION

2 Answers

7 votes

Answer:

Capitalism is defined as a system wherein economic distribution and production are owned by private entities in order to accumulate profit. Capitalism leans towards private ownership as opposed to government ownership. Capitalism is encouraged by globalization. However, the two terms cannot be interchanged.

Step-by-step explanation:

answered
User Ahmed Gad
by
8.5k points
1 vote
Capitalism leans towards private ownership as opposed to government ownership. Capitalism is encouraged by globalization
answered
User Shibbir
by
8.0k points

No related questions found

Welcome to Qamnty — a place to ask, share, and grow together. Join our community and get real answers from real people.