this diagram shows characteristics of an economic system. which title completes this diagram? fascism…

Brief Explanations:

• Fascism: It is a far - right, authoritarian ultranationalism, which is not mainly about economic system characteristics like private business ownership and free trade as described.
• Socialism: In socialism, there is more state control over production and distribution. While some private ownership may exist in mixed - socialist models, the emphasis is not on businesses freely deciding production and trade in the same way as described.
• Capitalism: In a capitalist economic system, businesses are privately owned. They have the freedom to decide what and how many goods to produce based on market demand (profit motives), and there is free trade of goods (with some regulations in modern economies, but the core idea is free - market exchange).
• Communism: In communism (in its ideal form), the means of production are publicly owned (by the community as a whole, usually represented by the state), and production is planned for the common good rather than private business - driven decisions.

Answer:

Capitalism