Is capitalism an example of a planned economy?

No, capitalism is not an example of a planned economy. In a capitalist system, economic decisions and the allocation of resources are primarily determined by market forces, such as supply and demand, with minimal government intervention. In contrast, a planned economy relies on centralized decision-making by the government to control production and distribution of goods and services. Thus, capitalism emphasizes individual choice and competition, while planned economies focus on collective control and planning.