Discuss the main elements of capitalism.

Capitalism is an economic system in which private individuals, rather than the state or government, own and control the means of production and distribution of goods and services. The main elements of capitalism are:

1. Private property: In a capitalist system, individuals and businesses own the property they use to produce goods and services. This includes factories, land, and raw materials.

2. Competition: In capitalism, businesses compete with one another to sell their products and services to consumers. This competition drives innovation and efficiency as businesses try to outdo each other.

3. Profit motive: The driving force _________ __________ _______ _____ _________ __________ ______.
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