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Question
Mention the two main features of Capitalism.
Solution
Under this system the productive wealth remains in private hands. Therefore, the owners of wealth have exclusive right to the things that belonged to them.The entire economy is governed by the market forces, i.e., the forces of Demand and Supply. The word Demand here denotes What consumers are willing to consume. The word Supply refers to the quantity in which the producers are able to produce the goods in demand.
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