The basic force that drives the capitalist economy is
a) Planning
b) Technology
c) Government
d) Profit – motive
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d) Profit motive.
According to economic theories which are main stream, the intention of every business set up is for making profit.
In a capitalist society, the main driving force behind the setting up of different organisations is profit maximization.
It is because of this purpose that traders, small scale and large, set up business models and put in labor.
The profit motive also drives the trader to increase production of commodities to produce surplus.
According to economic theories which are main stream, the intention of every business set up is for making profit.
In a capitalist society, the main driving force behind the setting up of different organisations is profit maximization.
It is because of this purpose that traders, small scale and large, set up business models and put in labor.
The profit motive also drives the trader to increase production of commodities to produce surplus.
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