Which of the following is the best description of capitalism?
A) An economic system in which the means of production are owned by the state
B) A system in which a small group of people owns the majority of the wealth
C) A system in which the use of property is controlled by majority will
D) An economic system in which production and property are privately owned, with a minimum of government interference
E) A good idea in theory but not practically applicable
Correct Answer:
Verified
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