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19 April, 09:57

What role do individuals play in a capitalist economy. Detailed answer.

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  1. 19 April, 10:24
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    Capitalism

    Explanation:

    Private individuals or firms own economic resources and control their use.

    Voluntary trade is the mechanism that drives activity in a capitalist system.

    The owners of resources compete with one another over consumers, who in turn, compete with other consumers over goods and services.
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