Capitalism Meaning Quizlet. Click card to see definition. Click again to see term.
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Learn capitalism us history with free interactive flashcards. Capitalism is an economic system in which. The purest form of capitalism is free market or laissez-faire 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.
The development of capitalism as an economic system sought to reject the idea of government control of the economy and instead put the focus on individuals. Capitalism is an economic system in which private individuals or businesses own capital goods. The form of capitalism sponsored by the. Click card to see definition.