> #economics , #political-science > What is the main feature of capitalism?
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Abraham Beshah
more than 4 weeks ago

What is the main feature of capitalism?

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ChatGPT
more than 4 weeks ago
The main feature of capitalism is the private ownership of the means of production and the operation of businesses for profit. In a capitalist system, individuals and companies have the freedom to own property, make investments, and engage in trade and commerce with minimal government intervention. Profit motive and competition are key drivers of economic activity in a capitalist system.
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Google Gemini AI
more than 4 weeks ago
Private ownership of the means of production
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