Question

Contrasted to socialist economic systems, capitalist economic systems are typically

Answer 1

The answer that best completes the statement is this: MORE PRODUCTIVE. Capitalist economic systems are said to be more productive compared to the socialist economic systems. Capitalism and Socialism are two of the formal economies. The reason why the capitalist economic systems are said to be more productive is that they are made up of both the buyers and the sellers and the main intention is business and to make profit. In contrast to socialist economic systems, they are only operated by public cooperatives.