Question

Question 8 of 20 suppose there is a country that suffered great losses during world war ii. in its weakened state, it still hopes to resist communist influence. the country joins nato and receives support through the marshall plan. which of these characteristics is the country most likely to have? o a. a capitalist economy o b. an alliance with east germany © c. totalitarian government o d. opposition to the united nations

Answer 1

A capitalist economy is characteristics is the country most likely to have.

What is capitalist economy?

• The term "capitalism" or "capitalist economy" refers to an economic system in which private firms control and govern factors of production such capital goods, labor, natural resources, and entrepreneurship.
• The creation of all commodities and services in a capitalist economy is based on supply and demand in the market, commonly referred to as a market economy. It is distinct from the system of centralized planning, commonly referred to as a command economy or a planned economy.
• The desire to make a profit is a capitalist economy's primary trait. Free markets and a lack of government involvement in company regulation are other characteristics of the capitalist economy.

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