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Capitalist Societies Share Three Basic Ideals

Question 23

Multiple Choice

Capitalist societies share three basic ideals. Which of the following is one of these ideals?


A) The elements of production are communally owned.
B) Nations are free to maximize profits and accumulate wealth.
C) Land and resources should be owned and controlled by the state government, while production and services are in the hands of free enterprise.
D) Free competition and consumer independence are basic to all economic activities.

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