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Who owns that factories under the system of capitalism?

The people with the most money.


Which economic system do the people own land factories and businesses?

The economic system where people own land, factories, and businesses is known as capitalism. In capitalism, private ownership is a fundamental principle, allowing individuals and companies to operate and compete in the market. This system encourages entrepreneurship and innovation, as people can invest in and profit from their ventures. Additionally, it typically involves minimal government intervention in economic activities.


capitalism?

an economic system based on open competition in a free market, in which individuals and companies own the means of production and operate for profit


Is defined as an economic and political system in which a country's trade and industry are controlled by private owners for profit rather than by the state.?

This system is known as capitalism. In capitalism, private individuals or companies own and operate the means of production and distribution of goods and services, with the goal of generating profit. The market largely dictates economic activities through supply and demand, while the government's role is typically limited, focusing on regulation and maintaining the rule of law.


History can anyone help with capitalism what it means in your words?

Capitalism is an economic and political system. This is when countries trade and industry are controlled by private owners for profit and not the state.

Related Questions

Who owns that factories under the system of capitalism?

The people with the most money.


An economic system in which the people own land factories?

Not a totally clear question. A system where the land, factories, etc belong to the whole community is Socialism.


What economic system is controlled by private owners with little government influence Capitalism Chartered companies Market economy Mercantilism?

goverment i think not really sure


Did the colonial powers build in the countries they controlled?

Roads,factories,and established communication system


What did the colonial powers build in the countries they controlled?

Roads,factories,and established communication system


Which economic system do the people own land factories and businesses?

The economic system where people own land, factories, and businesses is known as capitalism. In capitalism, private ownership is a fundamental principle, allowing individuals and companies to operate and compete in the market. This system encourages entrepreneurship and innovation, as people can invest in and profit from their ventures. Additionally, it typically involves minimal government intervention in economic activities.


capitalism?

an economic system based on open competition in a free market, in which individuals and companies own the means of production and operate for profit


What happens in a capitalists system?

Capitalism is an economic system in which private companies run their business solely without government intervention. These private companies decides own their own , what product to make, where to sell, cost of production. profits on sales etc.


Is defined as an economic and political system in which a country's trade and industry are controlled by private owners for profit rather than by the state.?

This system is known as capitalism. In capitalism, private individuals or companies own and operate the means of production and distribution of goods and services, with the goal of generating profit. The market largely dictates economic activities through supply and demand, while the government's role is typically limited, focusing on regulation and maintaining the rule of law.


What is the nervous system controlled by?

The Nervous System is controlled by the Brain.


What is capitalisum?

Capitalism is a political or economic system that a country's industry or trade is being controlled by private owners for property. Capitalism has continued throughout history.


What Economics system is currently replacing communism in former Soviet countries?

Capitalism:an economic and political system in which a country's trade and industry are controlled by private owners for profit, rather than by the state.

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