"Capitalism” refers to
(a) The use of Market
(b) Government ownership of capital
(c) Private ownership of capital goods
(d) Private ownership of home and
cars
Answers
Answered by
2
Answer:
c) private ownership of capital
Answered by
1
Answer:
(C) is correct
Explanation:
Capitalism is an economic system in which private individuals or businesses own capital goods. The production of goods and services is based on supply and demand in the general market—known as a market economy—rather than through central planning—known as a planned economy or command economy.
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