Question

Capitalism is characterized by which of the following?
A) Profits
B) A market economy
C) Privately owned businesses
D) All the above

Answer 1

D. all of the above...hope done

Answer 2

Capitalism refers to an economic system where capital goods are owned by private individuals or businesses. The goods and services produced under this system relies on the supply and demand in the market (market economy), and not through planned economy or central planning.

Under Capitalism the companies are managed efficiently which help the owner in achieving higher profits.

It requires a free market economy to survive. It works as per the laws of supply and demand.  In simple terms it means that the price of the product goes up with an increase in demand of the product. The production increases with a view of making higher profit.

Option  D  is correct.