Name the system in which the means of production and distribution are privately or corporate owned and development is proportionate to the accumulation and reinvestment of profits which are gained in a free market ? | MCQ Hive

Economics Mcqs

Q Name the system in which the means of production and distribution are privately or corporate owned and development is proportionate to the accumulation and reinvestment of profits which are gained in a free market ?

A A. capitalism
B B. socialism
C C. free market economy
D D. liberalism

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