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Which of these actions reflects the philosophy of capitalism

Which of these actions reflects the philosophy of capitalism-example-1

2 Answers

3 votes

Answer:

NO!!!

Step-by-step explanation:

I DONT KNOW

User Haresh Shyara
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7 votes

Even though there are no answer choices, here is some information that can help!


- Capitalism is an economic system based on the following principles:

1) Little government interference in the economy- Capitalists belief that competition among businesses will help to keep prices low and will prevent them from acting illegally.


2) Individual freedom- In a capitalist system, individuals can spend their money on whatever they like.


3) Supply and demand- The amount of resources created by businesses is driven by the consumer. If there are products that people buy an extraordinary amount of, businesses will continue to produce it at a high rate. The opposite is true as well.



User Ahmed Ilyas
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