WORLD HISTORY

Detailed explanation-1: -Capitalism is an economic system in which private individuals or businesses own capital goods.

Detailed explanation-2: -Answer and Explanation: A free-market or free enterprise system is another name for capitalism, an economic system based on private ownership of productive resources.

Detailed explanation-3: -Capitalism is an economic system based on the private ownership of the means of production and their operation for profit. Central characteristics of capitalism include capital accumulation, competitive markets, price system, private property, property rights recognition, voluntary exchange, and wage labor.

Detailed explanation-4: -Mixed economies typically maintain private ownership of most of the means of production, with the government intervening through regulations. Mixed economies socialize select industries that are deemed essential or that produce public goods.

Detailed explanation-5: -Capitalism is an economic system in which capital goods are owned by private individuals.