What Statement Best Describes a Capitalist Economy

The production of goods and services is determined primarily by government but the. 231k points 68 753 2344.

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. Which statement best describes a capitalist economy. A basic tenet of capitalism is that capitalism requires private ownership of the major means of production. Capitalism is an economic system where the profits generated belong to the state as a whole.

Which statement best describes a capitalist economy. Gives the government the right to tax individuals and corporations. Question 5 of 19 50 Points Which statement best describes a capitalist economy.

Capitalism is an economic system that. Capitalism is an economic system that operates under the profit motive. Capitalism is an economic system that operates under the profit motive.

Gives private individuals and corporations the right to own productive resources. The market system is characterized by. Capitalism is an economic system where the profits generated belong to the.

The production of goods and services is determined primarily bymarkets but the allocation of goods and services is determinedprimarily by government. The government is in control of the nations economy. A The production of goods and services is determined primarily by markets but the allocation of goods and services is determined primarily by government.

Capitalism is an economic system that operates under the profit motive. The production of goods and services is determined primarily bygovernment but the allocation of goods and services is determinedprimarily by. Determine whether each statement best describes capitalism or mercantilism.

Asked in Other Jan 4 36 views. Capitalism is an economic system that operates under the profit motive. Capitalism believes in free trade and the non-intervention of the government.

Capitalism is the economic system that supports companies doing business to generate earnings and promote the economy of a nation. Which statement best describes capitalism. It is an economic system that relies on a free market.

Capitalism is an economic system that dispenses with competition. The production of goods and services is determined primarily by markets but the allocation of goods and services is determined primarily by government. Capitalism is an economic system that operates under the profit motive.

Capitalism is an economic system in which the means of production and distribution is in state hands. Capitalism is an economic system where the profits generated belong to the state as a whole. Question 6 of 19 50 Points Capitalism is an economic system that.

Private ownership of the means of production. Which statement best describes a capitalist economy. Which statement best describes a capitalist economy.

An economic system where individuals and businesses are responsible for producing and selling goods and services based on customer needs and wants. Private individuals and corporations the right to own productive resources. Capitalism leads to a concentration of property and thus a concentration of resources and power in relatively few hands.

It is an economic system that relies on a free marketThe government is in control of the nations economyIt requires a nation to export goods worth more than the goods it importsThe government doesnt get involved with the economy. Determine whether each statement best describes capitalism or mercantilism. Produces more consumer goods than capital goods.

Up to 256 cash back Which statement best describes capitalism. The government doesnt get involved with the economy. The production of goods and services is determined primarily by markets but the allocation of goods and services is determined primarily by government.

Capitalism is an economic system that dispenses with the competition. The production of goods and services is determined primarily by markets but the allocation of goods and services is determined primarily by government. Capitalism is an economic system that dispenses with competition.

Capitalism is an economic system in which the means of production and distribution is in state hands. Produces more capital goods than consumer goods. Capitalism is an economic system in which the means of production and distribution are in state hands.

It requires a nation to export goods worth more than the goods it imports. Another description for capitalism is.

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