What is capitalism?

A. An economic system which focuses mainly on agriculture and food production
B. An economy in which the government owns and controls the means of production
C. An economic system in which companies compete for markets and profits
D. A system in which monopolies are encouraged and supported by consumers

Question

What is capitalism?

 		A.	An economic system which focuses mainly on agriculture and food production
 		B.	An economy in which the government owns and controls the means of production
 		C.	An economic system in which companies compete for markets and profits
 		D.	A system in which monopolies are encouraged and supported by consumers

hani_22 · Answer

C

anonymous · Answer

an economic and political system in which a country's trade and industry are controlled by private owners for profit, rather than by the state.