If there are no customers to give them money, the business will not thrive.
As a result, the assertion is correct.
Capitalism is an economic model in which material commodities are owned by private persons or enterprises.
About capitalism:
- A market economy is one in which goods and services are produced based on general buyers and sellers rather than planned economies.
- Such as in planned or order management.
- The purest form of capitalism is market economy or laissez-faire capitalism. Private persons have complete freedom in this area.
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