Question

Which of the following statements is true in a capitalist economy?
Select one:
a. Governments make major economic decisions and tell individual actors how to contribute to the economy.
b. Markets motivate individual actors to make economic decisions.
c. Individuals are not encouraged to innovate because innovation hurts the economy.
d. Government pays individuals who develop the best innovations.

Answer 1

@destiny2334 @Destinymasha

Answer 2

What do you think?

Answer 3

Alright. Well, in a Capitalist Economy- trade, production, etc are privately owned and is used for profit.
So, my best guess would be B

Answer 4

The very poorest transition economies typically have relatively:
Select one:
a. Low rates of economic growth and relatively high rates of population growth
b. High rates of economic growth and relatively low rates of population growth
c. Low rates of both population growth and economic growth
d. High rates of both population growth and economic growth