what is an accurate statement regarding capitalism? a the government has total control of the economy b) there is no competition

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what is an accurate statement regarding capitalism? a the government has total control of the economy b) there is no competition

in the market place in capitalism than communism d people aren't motivated to work hard since they don't own their own business

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1 answer:

Neko [114] · Answer 1 · 2023-07-27T15:05:33+03:00

In Capitalism as an economic system, government does not have total control of the economy.

<h3>What is Capitalism?</h3>

Capitalism is an economic system where the factors of production are controlled by individuals or market forces rather than the government.

In capitalism, factors of production such as labour are firmly in the hands of individuals.

Learn more about capitalism at brainly.com/question/25879591