what is capitalism? what is the purpose in our societies? how can we gain profit?

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04-01-2021
Economics

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what is capitalism? what is the purpose in our societies? how can we gain profit?

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Ellabautista35idn Ellabautista35idn · Answer 1 · 2021-01-04T21:42:49+08:00

Ellabautista35idn Ellabautista35idn

04-01-2021

Answer:

●Economic freedom helps political freedom. If governments own the means of production and set prices, it invariably leads to a powerful state and creates a large bureaucracy which may extend into other areas of life.

●Efficiency. ...

●Innovation. ...

●Economic growth. ...

●There are no better alternatives.

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