History shows that free-market capitalism leads to a fair and equitable distribution of wealth.
Level of Learning 2: Understanding of concepts and principles

Question

Quizplus · Accepted Answer

This statement is false. History has shown that free-market capitalism often results in inequality and concentration of wealth in the hands of a few. Government intervention and regulation are often necessary to ensure a more equitable distribution of wealth.

History Shows That Free-Market Capitalism Leads to a Fair and Equitable