In capitalism, the production of goods and services is indeed controlled by private companies and individuals, with the primary goal of maximizing profit. This system is characterized by private ownership of the means of production and the creation of goods or services for profit.

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In Capitalism

Question 47

Multiple Choice

In capitalism,

A) the environmental impact of creating products and delivering services is paid by the company before a product or service is ever created or sold in the first place
B) workers own the means of production because they are paid in part through company stocks
C) workers are equally invested in the success of business as the owners are, because all profits are shared in proportion to the risk and work individuals contributed
D) the production of goods and services are controlled by private companies and individuals, who use them to maximize profit

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