Under capitalism:
A)most of the means of production and distribution are privately owned and operated for profit.
B)the primary function of the government is to distribute wealth more evenly.
C)utilities,health care,education,and other services are controlled by the government.
D)markets operate to carry out the decisions made by central planners.

Question

Quizplus · Accepted Answer

Capitalism is characterized by the private ownership and operation of the means of production and distribution for profit. This means that businesses and individuals are free to invest, produce, and trade with minimal government intervention. Utilities, healthcare, education, and other services are generally not controlled by the government in a capitalist system. Markets operate based on supply and demand, not central planning.

Under Capitalism