Home » Classroom » SS2 Economics Basic Features of Economic System (Capitalism, Socialism, Mixed Economy etc) Question

What is the basic feature of capitalism with re... - SS2 Economics Basic Features of Economic System (Capitalism, Socialism, Mixed Economy etc) Question

What is the basic feature of capitalism with respect to private ownership?

The basic feature of capitalism is private ownership of property, where individuals have the right to make decisions about its use.

Please share this, thanks:

Add your answer

Notice: Posting irresponsibily can get your account banned!

No responses