Solved

Which Statement Accurately Describes Capitalism

Question 2

Multiple Choice

Which statement accurately describes capitalism?


A) Industrial capitalism is characterized by pools,trusts,holding companies and an interpenetration of banking,insurance and industrial interests.
B) Mercantile capitalism emerged in the United States in the period directly following the civil war.
C) In state welfare capitalism the government plays an active role in regulating economic activities in an effort to smooth out the boom-and-bust pattern of the business cycle.
D) Financial capitalism developed in the period immediately prior to the Renaissance.

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