Question

Select all that apply. Which are characteristics of capitalism? it offers much in the way of government direction and protection private ownership of the means of production a nation should export more goods than it imports private industry and for-profit businesses it has a long history

Answer 1

Explanation:

Modern economies in much of Western society today are organized under the banner of capitalism. Some of the most important aspects of a capitalist system are private property, private control of the factors of production, accumulation of capital, and competition.

Mixed economies allow many more freedoms than command economies, such as the freedom to possess the means of production; to participate in managerial decisions; to buy, sell, fire, and hire as needed; and for employees to organize and protest peacefully.

Mixed economies have a high level of state participation and spending, leading to tax-funded libraries, schools, hospitals, roads, utilities, legal assistance, welfare, and social security.

Various restrictions on business are made for the greater good, such as environmental regulation, labor regulation, antitrust and intellectual property laws.

The ideal combination of these freedoms and restrictions is meant to ensure the maximum standard of living for the population as a whole.

Answer 2

Answer:sry

Explanation:

Good night and thanks for the points