the biggest advantage of capitalism is that a. it generates wealth with the help of government intervention b. it creates weal

Question

1 year ago

15

the biggest advantage of capitalism is that a. it generates wealth with the help of government intervention b. it creates weal

th by letting a person follow his or her own self-interest c. it forces involuntary exchanges d. prices hinder in moving assets from high-value to low-value uses

Business

1 answer:

Julli [10] · Answer 1 · 2023-12-09T19:23:39+03:00

The biggest advantage of capitalism is that it creates wealth by letting a person follow his or her own self-interest.

What is capitalism?

An economic system that relies on private ownership of the tools of production and their use for profit is known as capitalism. Wealth creation, market mechanisms, the pricing system, private property, the recognition of property rights, voluntary exchange, and wage labor are key aspects of capitalism.

Therefore,

The biggest advantage of capitalism is that it creates wealth by letting a person follow his or her own self-interest.

To learn more about capitalism from the given link:

brainly.com/question/25879591

the biggest advantage of capitalism is that a. ​it generates wealth with the help of government intervention b. ​it creates weal

the biggest advantage of capitalism is that a. it generates wealth with the help of government intervention b. it creates weal