USA HISTORY

Detailed explanation-1: -Capitalism is often thought of as an economic system in which private actors own and control property in accord with their interests, and demand and supply freely set prices in markets in a way that can serve the best interests of society. The essential feature of capitalism is the motive to make a profit.

Detailed explanation-2: -These include laissez-faire or free-market capitalism, anarcho-capitalism, state capitalism and welfare capitalism.

Detailed explanation-3: -Capitalism. Capitalism is an economic system in which the means of production are privately owned. By means of production, we mean everything-land, tools, technology, and so forth-that is needed to produce goods and services.

Detailed explanation-4: -Capitalism is built on the concepts of private property, profit motive, and market competition.

Detailed explanation-5: -Capitalism refers to an economic system where private businesses can have ownership of capital goods. As per capitalism meaning, individuals can privately own means of production. In capitalism, the production of products is according to the situation in the market.