____________ economy is not owned or managed by the government but owned by private individuals.
A)Social
B)Capitalist
C)Mixed
D)Macro

Name: ____________ economy is not owned or managed by the government but owned by private individuals. A)Social B)Capitalist C)Mixed D)Macro
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Question

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A capitalist economy is characterized by private ownership of resources and businesses, where goods and services are produced for profit in a market environment, not managed by the government.

____________ Economy Is Not Owned or Managed by the Government