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प्रश्न
What do you mean by Capitalism?
उत्तर
Capitalism is total freedom and private ownership of means of production. Capitalistic economy is also termed as a free economy (Laissez-faire, in Latin) or market economy where the role of the government is minimum and the market determines the economic activities.
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संबंधित प्रश्न
Identify the economic system where only private ownership of production exists.
Economic system representing equality in distribution is _________.
Who is referred as the ‘Father of Capitalism’?
The country following Capitalism in ________________ .
Identify The Father of Socialism.
An economic system where the economic activities of a nation are done both by the private and public together is termed as ______.
Describe the different types of economic systems.
Outline the major merits of capitalism.
Indicate the demerits of socialism.
Enumerate the features of a mixed economy.
Distinguish between Capitalism and Globalism.
Compare the features of capitalism and socialism.
Compare the feature of Capitalism, Secularism, and Mixedism.