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  • 09-06-2021
  • Business
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How do markets function in capitalist system ?

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muhammadsaim039
muhammadsaim039 muhammadsaim039
  • 09-06-2021

Answer:

In a capitalistic society, the production and pricing of goods and services are largely determined by supply and demand the free market but some government regulation and oversight may occur. In contrast, a free market system is ruled entirely by demand and supply, and there is little or no government regulation.

Explanation:

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