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Which of the following is NOT a problem that people often cited about capitalism?

(A) The large gap between rich and poor
(B) Inequality
(C) Poor working conditions
(D) Taxes are too high

1 Answer

4 votes

Answer: (D) Taxes are too high

Step-by-step explanation:

Capitalism is the prevalent economic system in the world and is characterised by individuals owning the means of production instead of the state. It therefore allows for people to amass large profits often at the expense of others.

Common complaints about capitalism are the large gap that continues to grow between the rich and the poor, social and economic inequality as the wealthier class looks down on and dominates the working class and poor working conditions imposed by the rich to make even more profit at the expense of workers.

Taxes being too high is not a common complaint in capitalism.

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