Which of the following is a distinctive feature of capitalism?
A) private ownership of Crown corporations
B) cooperation in the pursuit of collective goals
C) private ownership of property
D) public ownership of the means of production

Question

Quizplus · Accepted Answer

Capitalism is characterized by the private ownership of property and the means of production, distinguishing it from systems like socialism or communism where public or collective ownership is more common.

Which of the Following Is a Distinctive Feature of Capitalism