a system where the basic economic questions are determined,

Capitalism is a system based on the principle of private ownership and control of goods, with most production being carried out by privately owned businesses. It has been the dominant economic system in the world since World War II, and provides an environment for trade, investment, employment, and production. In this blog post we will explore some of the benefits as well as challenges that come along with capitalism. Capitalism is a system where the basic economic questions are determined by private property and free markets. The most common feature of capitalism, however that it provides an environment for trade, investment, employment, and production. A capitalist economy can be contrasted with a centrally planned one such as communism or socialism in which public ownership plays a major role. One thing to note about capitalism is that its distribution of income tends to generate strong incentives among those who work there because they know their own interests best: if you want more money then produce more goods or services! In this sense employees have both rights (to keep what they earn) and responsibilities (to act responsibly). Benefits Of Capitalism The amount invested will grow over time