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  • 11-05-2020
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In a capitalist system, who owns all means of production and decides how much to produce?

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LittleMissInnocent
LittleMissInnocent LittleMissInnocent
  • 11-05-2020

Answer:

Capitalism is an economic system where the means of production are owned by private individuals. "Means of production" refers to resources including money and other forms of capital. Under a capitalist economy, the economy runs through individuals who own and operate private companies.

Explanation:

Hope this helps,

Cammie

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