Asked by
Angel Hurtado
on Nov 25, 2024Verified
Which of the following would not be emphasized in a capitalist economy?
A) private ownership of capital and other resources
B) competition and decentralized decisions regarding production and consumption
C) reliance on market forces to coordinate economic activity
D) prevention of firms from exposing themselves to financial risk
Capitalist Economy
A Capitalist Economy is an economic system where private individuals and businesses own the means of production and operate for profit, with minimal government intervention.
Financial Risk
The possibility of losing money on an investment or business venture.
- Recognize the features and outcomes associated with different market structures.
Verified Answer
BK
Learning Objectives
- Recognize the features and outcomes associated with different market structures.