Which of the following is a characteristic of pure capitalism

Asked by admin @ in History viewed by 344 People

What are the characteristics of capitalism? Select all that apply.

1. The government sets prices and wages.
2. Farms and factories are owned by private individuals.
3. People are free to pursue their own self-interests.
4. Supply and demand determine which goods, and how many, are produced.
5. It is favored by philosopher Karl Marx.

Answered by admin @


Two, Three, and Four. 
Two because under capitalism, all industries are owned by private individuals.
Three because under capitalism, people are able to either work for someone else, or start their own business. 
Four because under capitalism, supply and demand are the core principle of capitalism. 
One and Five are both more of communism. Karl Marx came up with the communist manifesto, and wages being set by the government is a very authoritarian and leftist ideal. 




Similar Questions

Which of the following accounts is part of working capital

Asked by admin @ in Business viewed by 319 persons

Determine the (a) working capital, (b) current ratio, and (c) quick ratio. Round ratios to one decimal place.The following data are taken from the balance sheet at the end of …

All of the following are examples of pure risk except

Asked by admin @ in History viewed by 369 persons

All of the following are financial risks, except _____. scam identity theft natural disaster buying a warranty

Which of the following is not a capital market instrument

Asked by admin @ in Business viewed by 277 persons

Which of the following is an example of a capital market instrument? Group of answer choices Banker's acceptances. Commercial paper. Money market mutual funds. U.S. Treasury bills. Preferred stock.

Which of the following characteristics is unique to ottonian manuscripts

Asked by admin @ in Social Studies viewed by 426 persons

Which of the following characteristics is unique to Ottonian manuscripts? a. They conveyed a sense of spirituality and deep felt emotion. b. Gesture and gaze conveyed the meaning. c. They …

Which of the following is a capital transaction

Asked by admin @ in Accountancy viewed by 492 persons

Which of the following is a capital transaction? Options 1 Purchase of goods2 Payment of wages3 Sale of goods4 Purchase of machinery​

Which of the following options are virtualization characteristics

Asked by admin @ in Computer Science viewed by 350 persons

Which of the following options are virtualization characteristics? Isolation All of the options Partitioning Encapsulation

Which of the following is a pure substance

Asked by admin @ in Chemistry viewed by 294 persons

which of the following is a pure substance in a liquid form option one milk option to Mercury option 3 sugar solution option 4 germanium tell me which option is …

Birds and mammals share which of the following characteristics

Asked by admin @ in Biology viewed by 345 persons

Birds and mammals share one of the following characteristics as a common feature. a. Pigmented skin b. Alimentary canal with some modification c. Viviparity d. Warm blooded nature NCERT Class …

Which of the following is not a biographical characteristic

Asked by admin @ in Computer Science viewed by 334 persons

What are the key biographical characteristics?

Which of the following is not a capital asset

Asked by admin @ in Economy viewed by 382 persons

Under IT Act, 1961 which of the following is not a capital asset? (a) Jewellery (b) Self occupied house (c) Stock in trade of a business (d) Share in a …

Which of the following is not a pure substance

Asked by admin @ in Science viewed by 309 persons

Which of the following is not a pure substance? a. Common salt b. Sugar c. Rain water d. Iron

Which of the following is not a characteristic of negotiation

Asked by admin @ in English viewed by 338 persons

Which of the following is not a characteristicof integrative negotiations​

Which of the following is not the characteristic of learning

Asked by admin @ in Psychology viewed by 344 persons

Which of the following is not a characteristic of learning ? a. Learning is a life long process b. Learning is directly observable c. Learning is retained through practice d. …

Which of the following is not the characteristic of software

Asked by admin @ in Computer Science viewed by 355 persons

Which of the following is not a characteristic of software? (a) Availability (b) Maintainability (c) Usability (d) Efficiency​

Which of the following statements are true for pure substances

Asked by admin @ in Chemistry viewed by 309 persons

Which of the following statements are true for pure substances? (i) Pure substances contain only one kind of particles (ii) Pure substances may be compounds or mixtures (iii) Pure Substances …

Most viewed questions in History

Candle making in colonial america reading answers test 5 answers

Asked by admin @ in History viewed by 11315 persons

Lowman consulting answer key

Asked by maham237 @ in History viewed by 5129 persons

Lets grow with composite mathematics class 8 solutions pdf

Asked by admin @ in History viewed by 3181 persons

Venezuelans started buying items immediately because of their fear of

Asked by maham237 @ in History viewed by 2516 persons

Commonlit teaching shakespeare in a maximum security prison answer key

Asked by admin @ in History viewed by 2250 persons

4.3 puzzle time answers algebra 2

Asked by maham237 @ in History viewed by 2067 persons

Why did the termite like expensive hotels worksheet answer key

Asked by maham237 @ in History viewed by 1944 persons

On which day are your answering stats reset

Asked by admin @ in History viewed by 1847 persons

Why did king kong eat a truck worksheet answer key

Asked by maham237 @ in History viewed by 1736 persons

Two ways of looking at a river commonlit answers key

Asked by maham237 @ in History viewed by 1652 persons

Which occurs during disequilibrium? check all that apply.

Asked by wiki @ in History viewed by 1635 persons

Write two paragraphs to compare and contrast the narrators’ schools and explain how their schools shape their perspectives toward the hijab. cite evidence from the text to support your ideas.

Asked by evette57 @ in History viewed by 1609 persons

What is taplow's opinion about the greek tragedy agamemnon

Asked by admin @ in History viewed by 1397 persons

When entrepreneurs develop new products, other companies also experience growth because they

Asked by maham237 @ in History viewed by 1358 persons

How was india that is bharat perceived by foreigners

Asked by admin @ in History viewed by 1351 persons