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7 June, 21:57

Capitalism falls under what economic system?

planned

mercantile

market

+2
Answers (2)
  1. 7 June, 22:23
    0
    Hello! The capitalism is a system that works just in a market model of economy. The principles of the free market were based on the first liberals thoughts. To it works, is required no government interference in the economy. The opposite to capitalism is socialism, and it (the socialism) works in a planned economy. Therefore, the answer is the market.
  2. 7 June, 22:27
    0
    The answer is: "Market"
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