jonathan96 jonathan96
  • 16-11-2015
  • History
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What two principles form the basis for capitalism?

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Maureen3 Maureen3
  • 16-11-2015
The two principles which form the basis for capitalism is that "the means of production are privately owned and operated to maximize profit, with a price system providing price signals for the allocation of the factors of production."
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ambramckinney ambramckinney
  • 20-01-2022

Answer:

What two principles form the basis for capitalism?

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