Capitalism is an economic system in which
A) the means of production and distribution are collectively owned.
B) all property is communally owned,and no social distinctions are made on the basis of people's ability to produce.
C) the means of production are largely in private hands,and the main incentive for economic activity is the accumulation of profit.
D) the means of production are largely in public sector hands and are collectively owned.
Correct Answer:
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