bipsyrocky2014
bipsyrocky2014 bipsyrocky2014
  • 20-02-2020
  • Business
contestada

What role do individuals play in a capitalist economy. Detailed answer.

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adenijiabey
adenijiabey adenijiabey
  • 24-02-2020

Answer:

Capitalism

Explanation:

Private individuals or firms own economic resources and control their use.

Voluntary trade is the mechanism that drives activity in a capitalist system.

The owners of resources compete with one another over consumers, who in turn, compete with other consumers over goods and services.

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