English

In a capitalist economy, most goods and services are produced for sale in the market rather than for what?

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Question

In a capitalist economy, most goods and services are produced for sale in the market rather than for what?

Options

  • self-consumption

  • profit

  • capital flows

  • investment expenditure

MCQ
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Solution

A capitalist economy is based on private ownership. Most goods and services are produced for sale in the market rather than for self-consumption.

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