Economics · Types of Economies
Which of the following statements regarding a Capitalist economy is correct?
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1In this system, the main motive is to earn profit.✓
- 2It is totally free from the government's intervention.
- 3Government ensures equal distribution of money through this system.
- 4It gives rise to healthy competition in market.
Correct answer
In this system, the main motive is to earn profit.
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