Economics · Economic Systems
Under a capitalist economic system, who owns the means of production?
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1The State or Government
- 2Private Individuals and Corporations✓
- 3Labor Unions and Workers' Collectives
- 4Local Panchayats and Communities
Correct answer
Private Individuals and Corporations
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