CAPITALISM. PROS|CONS, Varieties and Who Benefits from it?

Capitalism is an economic system in which private individuals or businesses own capital goods.

The production of goods and services under capitalism is based on supply and demand in the general market—known as a market economy—
The purest form of capitalism is free market or laissez-faire capitalism. Here, private individuals are unrestrained. They may determine where to invest, what to produce or sell, and at which prices to exchange goods and services. The laissez-faire marketplace operates without checks or controls.

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Видео CAPITALISM. PROS|CONS, Varieties and Who Benefits from it? канала The Isolated Economist