Detailed Instructions: In this task, you are given a question and a context passage. You have to answer the question based on the given passage.
Problem:What type of system is defined as an economic and political system in which a country's trade and industry are controlled by private owners for profit, rather than by the state., Context: Zhejiang benefited less from central government investment than some other provinces due to its lack of natural resources, a location vulnerable to potential flooding from the sea, and an economic base at the national average. Zhejiang, however, has been an epicenter of capitalist development in China, and has led the nation in the development of a market economy and private enterprises. Northeast Zhejiang, as part of the Yangtze Delta, is flat, more developed, and industrial.
Solution:
capitalist