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Which of the Following Is NOT True About Capitalism

Question 27

Multiple Choice

Which of the following is NOT true about capitalism?


A) Capitalism refers to an economic system where businesses are privately owned with a strong individualistic profit orientation.
B) Very little role for government exists in a purely capitalistic or "free market" economic system.
C) Individual gains and losses of wealth can be very large.
D) Individual incentives are at the core of capitalistic economic ideology.
E) Historically, Russia has been viewed as the leading economically capitalistic economy in the world.

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