Which economic system is defined as the use of private resources to make a profit?
A socialism
B. capitalism
C. communism
D. total command
Please select the best answer from the choices provided
А
ОООО


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Can you give me brainliest The answer would be C i got it correct right now for my class
Answer: The answer is b: capitalism.
Capitalism is defined as the use of private resources to make a profit.
Explanation:
Capitalism refers to an economic system in which private own and controls the country’s trade, industry, and profits. In capitalism, the private owns the factors of production which are natural resources, labour, capital and entrepreneurship. The main feature of capitalism is to make a profit.
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