Capitalism is founded on _____.
A)the social changes that followed the Industrial Revolution
B)the idea that 80 percent of a nation's wealth should be owned by no more than 20 percent of its people
C)the principles of a private enterprise system
D)the idea that government must own all factors of production

Question

Quizplus · Accepted Answer

Capitalism is based on the principles of a private enterprise system, where businesses and properties are privately owned and operated for profit, rather than being owned by the state.

Capitalism Is Founded on _____