Capitalism vs Socialism Differences, Pros & Cons -

CAPITALISM Definition & Meaning capitalism Capitalism is an economic system in which private individuals own and control most of the factors of production—the resources used to produce goods and services capitalism What this means for capitalism is a highly variable degree of state regulation, rather than none It is one of the most characteristic features of the different

capitalism Capitalism A form of economic order characterized by private ownership of the means of production and the freedom of private owners to use,