Economics: Capitalism, is total freedom and private ownership of means of production.
Capitalistic economy is also termed as a free economy (Laissez faire, in Latin) or market economy where the role of the government is minimum and market determines the economic activities.

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Capitalism, is total freedom and private ownership of means of production.
Capitalistic economy is also termed as a free economy (Laissez faire, in Latin) or market economy where the role of the government is minimum and market determines the economic activities.

Vimala Balu · Accepted Answer

What do you mean by Capitalism?

Vimala Balu · Answer

equation for four sector economy

Vimala Balu · Answer

Expand y=c+i+g+(x-m)

Economics

Capitalism, is total freedom and private ownership of means of production. Capitalistic economy is also termed as a free economy (Laissez faire, in Latin) or market economy where the role of the government is minimum and market determines the economic activities.

What do you mean by Capitalism?

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