State capitalism is an economic system in which the state undertakes business and commercial …....................a.economic activityb.social activityc.political activityd.religious activityClear my choice

What is the role of the state in modern capitalism?a.To control the means of production b.To redistribute wealth among citizensc.To ensure a level playing field for competitiond.To abolish capitalism altogether

Capitalism is an economic system based on the private ownership of the means of production and their operation for ….........a.capitalb.profitc.labourd.wage

As presented and illustrated in class, capitalism as a social system is marked most distinctly byGroup of answer choicesthe state/government directly controlling most parts of the economy.everyone in society pursuing the goal of endless capital accumulation.businesses/capitalists being driven to continually re-invest profits to accumulate more profits.businesses making a profit in their line of work/activity.

Most of the existing capitalist economies are …............ that combine elements of free markets with state intervention and in some cases economic planninga.mixed economiesb.independent economiesc.complex economiesd.free economies

As we have conceptualized it in this class, capitalism as a social system is defined most fundamentally byGroup of answer choicesbusinesses/capitalists using profits to invest in further profit-making.business/capitalists making a profit.businesses/capitalists producing commodities.people trading for goods.