plz help asap Which statement about a capitalist economic system is true? The capitalist system encourages competition among businesses. In a capitalist economy, the government owns the means of production.

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asked Nov 26, 2022 121k views

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plz help asap Which statement about a capitalist economic system is true? The capitalist system encourages competition among businesses. In a capitalist economy, the government owns the means of production. In capitalist societies, people are not motivated to work hard since it will not affect their income or profits. Capitalism requires that all citizens be government employees, no matter what kind of work they do.