Question

The country following capitalism is

a) Russia b) America c) India d) China​

Answer 1

Answer:

Here is your answer friend

b)America

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Answer 2

Answer:

Country following capitalism is b) America.

Explanation:

The term capitalism means the markets and their transactions exist as the principal drivers of economic activity. However, this activity takes place within a system of public rules which describe the property, transactions, and everything else that provides shape to markets.

The USA follows capitalism. It exists an economic, social system where the capital and non-labor factors of production are privately maintained. Here, labor, goods, and capital exist traded in the markets where profits are taken by owners or can be invested in technologies and industries, and wages exist paid to laborers.

• Russia contains a mixed economy. Russia includes certainly come a long way since the 1991 breakup of the Soviet Union and its command economy.
• The economy of India exists characterized as a developing market economy. India has been recorded as the world's sixth-largest economy by nominal GDP and the third-largest by purchasing power parity.

Hence, the Country following capitalism is b) America.

Option (b) is correct.

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