Capitalism gets its name from the fact that capital resources are mostly:
A) Owned by the state or government
B) Given the highest priority in the economy's income distribution
C) Treated as private property
D) In the form of money and financial resources

Question

Quizplus · Accepted Answer

Capitalism is an economic system that is based on the private ownership of the means of production, including capital resources such as land, factories, and equipment. These resources are treated as private property, which means they can be bought, sold, and traded in the marketplace. This allows individuals and companies to invest in these resources, earn profits, and grow their businesses.

Capitalism Gets Its Name from the Fact That Capital Resources