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1 March, 12:43

Which factor makes capitalism such a successful economic system?

Business owners have the right to take private property from citizens if it benefits the overall economy.

Banking regulators work to limit the possibility of economic problems.

Individual citizens have the freedom to take risks and improve their lives.

Public corporations make jobs available to those who want them.

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  1. 1 March, 13:50
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    The factor that makes capitalism a successful economic system-Business owners have the right to take private property from citizens if it benefits the overall economy.

    Step-by-step explanation:

    A capitalistic economy is characterized by the private ownership of the means of production or we can say that Capitalism is an economic system in which private companies own four factors of production namely - land, capital, land/natural resources, and entrepreneurship.

    As per the Heritage foundation some of the Top most capitalistic companies are:

    Hong Kong Singapore New Zealand Switzerland Australia Ireland Estonia United Kingdom Canada United Arab Emirates

    A capitalistic economy tends to reward a innovative company or an individual and this factor attributes to the growth of a capitalistic economy.
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