What does capitalism mean? Write two advantages of capitalism.

1.	What does capitalism mean? Write two advantages of capitalism.
Answer» Capitalism means the form of organization where industrialists owning money, purchase machinery, raw materials, and run the industries. They enjoy the profits. Advantages: 1. Goods were produced in plenty. 2. There was employment generation.

Answer»

Capitalism means the form of organization where industrialists owning money, purchase machinery, raw materials, and run the industries.

They enjoy the profits. Advantages:

1. Goods were produced in plenty.

2. There was employment generation.

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