Under capitalism:
A)Most of the means of production and distribution are privately owned and operated for profit.
B)The primary function of the government is to distribute wealth more evenly.
C)Utilities,health care,education,and other important services are operated by the government.
D)Markets operate to carry out the decisions made by central planners.

Question

Quizplus · Accepted Answer

Under capitalism, the means of production and distribution are privately owned and operated for profit. This means that individuals or private entities control the market and decide what goods and services to produce, how much to produce, and at what price. The government does not play a significant role in directing or controlling the economy.

Under Capitalism