Solved

Which of the Following Is Not a Characteristic of a Capitalist

Question 2

Multiple Choice

Which of the following is not a characteristic of a capitalist economic system?


A) Individuals invest their capital in production of goods and services to make a profit.
B) Workers receive most of their remuneration in wages.
C) The owners of enterprises make a profit by keeping their costs down below what they sell their goods and services for in the market.
D) Producers compete with one another in a free market.
E) None of the above

Correct Answer:

verifed

Verified

Related Questions

Unlock this Answer For Free Now!

View this answer and more for free by performing one of the following actions

qr-code

Scan the QR code to install the App and get 2 free unlocks

upload documents

Unlock quizzes for free by uploading documents