1.
In a capitalist economy consumers enjoy freedom of
choice regarding what and how much to buy.
2.
Producers have occupational freedom
3.
The
decisions about what, how and how much to produce as well as how to distribute
etc. are taken with the help of free play of demand and supply forces.
4.
Producers
adopt the most efficient technique of production to earn maximum profit.
5.
There
is no government interference in economic activities. For e.g. U.S.A.
