When Corey started his athletic wear line, he didn't account for the large number of competitors and he lost most of his savings in the first year. Which drawback of capitalism did Corey experience?
A) exploitation
B) lack of planning
C) possibility of heavy losses
D) income inequality
E) consumer rejection

Question

Quizplus · Accepted Answer

Corey experienced the possibility of heavy losses, a common drawback of capitalism where businesses can fail due to competition, market saturation, or other factors, leading to significant financial losses for the entrepreneurs.

When Corey Started His Athletic Wear Line, He Didn't Account