What Statement Best Describes a Capitalist Economy

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A The production of goods and services is determined primarily by markets but the allocation of goods and services is determined primarily by government. Question 12 Which statement best describes capitalism.

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An economic system where individuals and businesses are responsible for producing and selling goods and services based on customer needs and wants.

. Produces more capital goods than consumer goods. The production of goods and services is determined primarily by markets but the allocation of goods and services is determined primarily by government. Private individuals and corporations the right to own productive resources.

Capitalism is an economic system that operates under the profit motive. 231k points 68 753 2344. Command economy market economy Business owners make decisions about how to run their companies.

It is an economic system that relies on a free marketThe government is in control of the nations economyIt requires a nation to export goods worth more than the goods it importsThe government doesnt get involved with the economy. Capitalism believes in free trade and the non-intervention of the government. Capitalism is an economic system in which the means of production and distribution is in state hands.

A system designed to minimize differences in wealth among people an economic system that has become predominant in the last 300 years a critical means governments use to control the economy a system designed to provide equal life-chances for all Question 13 Which of the following is one of the. The production of goods and services is determined primarily bygovernment but the allocation of goods and services is determinedprimarily by markets. Produces more consumer goods than capital goods.

Society determines production and the allocation of goods and services only through markets. A basic tenet of capitalism is that capitalism requires private ownership of the major means of production. The Federal Reserve helps the economy by keeping inflation low in times of economic growth.

A The production of goods and services is determined primarily by markets but the allocation of goods and services is determined primarily by the government. Which statement best describes a capitalist economy. Government policies determine the production and the allocation of goods and services.

Which statement best describes a capitalist economy. Gives the government the right to tax individuals and corporations. Capitalism is an economic system where the profits generated belong to the state as a whole.

Capitalism is an economic system that dispenses with competition. Capitalism leads to a concentration of property and thus a concentration of resources and power in relatively few hands. Question 6 of 19 50 Points Capitalism is an economic system that.

Capitalism is an economic system where the profits generated belong to the state as a whole. The Federal Reserve keeps. The production of goods and services is determined primarily bymarkets but the allocation of goods and services is determinedprimarily by government.

Capitalism is an economic system that operates under the profit motive. Capitalism is an economic system where the profits generated belong to the. Up to 256 cash back Which statement best describes a capitalist economy.

Up to 256 cash back a. Capitalism is an economic system in which the means of production and distribution are in state hands. Determine whether each statement best describes capitalism or mercantilism.

Drag and drop each statement into the box with the economy it best reflects. Capitalism is an economic system that operates under the profit motive. Get Answers Chief of LearnyVerse.

Capitalism is an economic system that dispenses with the competition. The production of goods and services is determined primarily by markets but the allocation of goods and services is determined primarily by government. Capitalism is an economic system in which the means of production and distribution is in state hands.

Government policies determine the production but not the allocation of goods and services. Question 5 of 19 50 Points Which statement best describes a capitalist economy. Which statement best describes a capitalist economy.

Which statement best describes a capitalist economy. Capitalism is an economic system that dispenses with competition. Capitalism is an economic system that operates under the profit motive.

Asked in Other Jan 4 36 views. Capitalism is the economic system that supports companies doing business to generate earnings and promote the economy of a nation. Capitalism is an economic system that operates under the profit motive.

Solved Question 12 Which Statement Best Describes Chegg Com