What is the focus of capitalism?a.)Wealth creationb.)Accumulation of wealthc.)Wealth through traded.)Static wealth

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.

Central characteristics of capitalism include capital accumulation, competitive markets, price system, private property …...............a.property rights recognitionb.involuntary exchangec.women wage labourd.feminist policy

Which of the following is NOT a key feature of capitalism?a.Private ownership of the means of productionb.Free marketsc.Market price is determined by demand & supplyd.High government intervention in the economyClear my choiceQuestion 3Not yet answeredMarked out of 1.00Flag questionQuestion text

A key element in capitalism is:Group of answer choicesa low standard of livingScratchindividual ownership of propertyScratchgovernment ownership of propertyScratchgovernment control of marketScratchcontinued growthScratch