Multiple Choice
Which of the following best describes capitalism?
A) A political theory developed by Karl Marx
B) An economic system marked by the private ownership of wealth-creating assets, free markets, and freedom of contract
C) Incompatible with property rights as a wealth-creating mechanism
D) Named for the centralization of economic power in the capitol city
E) Unpopular in the United States
Correct Answer:
Verified
Correct Answer:
Verified
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