asked 110k views
23 votes
What makes capitalism a successful economic system?

asked
User SZL
by
8.5k points

1 Answer

4 votes

Answer:

Capitalism is often thought of as an 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. The essential feature of capitalism is the motive to make a profit.

answered
User Gelerion
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.