LittleWolfy6938 LittleWolfy6938

03-12-2019
Business

contestada

The basic characteristics of a pure capitalist system include the private ownership of the means of production and economic activity is coordinated through a system of markets and prices. True or False?

Respuesta :

oscarfuentesrealegen oscarfuentesrealegen

03-12-2019

Capitalism is an economic system based on the private ownership of the means of production and their operation for profit. Characteristics central to capitalism include private property, capital accumulation, wage labor, voluntary exchange, a price system and competitive markets.

Answer Link

Otras preguntas

The increase in white collar, service, and professional sector jobs following WWII can be attributed to which of the following causes? an economic recession fol

The measure of one interior angle of a parallelogram is 30 degrees less than 9 times the measure of another angle. Find the measure of each angle.

3m^3 x 5m^2 ty!! Have a good day!!

Look at the diagram of the hydrologic cycle, and use it to help you to write a paragraph that explains how a droplet of water that falls as rain can move throug

If two lines are parallel which statement must be true? A.Their slopes are zero. B.Their slopes are negative reciprocals. C. Their slopes are undefined. D.Their

The actual distance between the two houses is 44.1ft. The contractor measures the distance as 46ft. Find the relative error of the contractor's measurement.

What is the value of the expression -4 1\2(5-9)

The hypotenuse of a right triangular yard is 113 feet. One of the shorter sides of the yard is 15 feet. What is the length of the other side of the yard?

HELP ASAP I have no clue what the answer is

What is good government??