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29 February, 21:33

In a capitalist economy, competition is allowed to prosper with a minimum of government interference. voluntary exchange. specialization. division of labor.

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  1. 29 February, 22:16
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    In a capitalist economy, competition is allowed to prosper

    with a minimum of government interference

    Explanation:

    Capitalism is an economic system in which the means of production and distribution are privately or corporately owned. Also, the operations are funded by profits made from the business.

    An example of capitalism in the United States of America is the mall market where groceries are sold, being operated by private companies.
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