Multiple Choice
Which of the following is a characteristic of capitalism?
A) Government ownership of all capital.
B) Government decision-making is preferred to decentralized decision-making.
C) Market determination of prices and quantity.
D) Equality of income.
Correct Answer:

Verified
Correct Answer:
Verified
Related Questions
Q9: Government involvement has become so prevalent in
Q11: Adam Smith is the father of modern
Q12: What type of economic system is commonly
Q13: Which of the following is a basic
Q15: The economic system that answers the What,
Q16: Which of the following is true in
Q17: The term "socialism" refers to which of
Q18: Which of the following is one common
Q19: Which of the following is a characteristic
Q23: What is the difference between socialism and