Economic resources in the capitalist system are brought together by:
A) government units.
B) entrepreneurs.
C) labor unions.
D) the managerial elite.

Question

Quizplus · Accepted Answer

In the capitalist system, economic resources are brought together by entrepreneurs who take risks and invest in order to generate profit. They identify opportunities and develop ideas for new products or services that can satisfy consumer demand, and they bring together the other necessary resources (such as labor, capital, and materials) in order to produce and sell those goods or services. While government units, labor unions, and the managerial elite may play roles in the economy, they do not typically bring together economic resources in the same way that entrepreneurs do.

Economic Resources in the Capitalist System Are Brought Together By