The capitalist system in the United States is based on which of the following?

Question

Quizplus · Accepted Answer

The capitalist system in the United States is based on private property rights, which allow individuals and companies to own and control their own assets and resources. This means that they have the right to buy, sell, and use property as they see fit, without interference from the government or other entities. This system is designed to promote entrepreneurship, innovation, and individual initiative, and is often contrasted with socialist or communist systems where property is owned collectively or by the state.

The Capitalist System in the United States Is Based on Which