Which of the Following Is Not a Characteristic of Capitalism

question 101

Multiple Choice

Which of the following is not a characteristic of capitalism?

• A) Private ownership of resources.
• B) Decentralized decision-making using markets.
• C) Representative democracy.
• D) Consumer sovereignty.

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Definitions:

Yield

The return in terms of income from an investment, like dividends or interest earned by possessing a specific security.

Compound-interest

Interest computed on both the original sum invested or loaned, as well as on the interest that has been added to this principal amount over earlier periods.

GIC

A Guaranteed Investment Certificate, a Canadian investment that offers a guaranteed rate of return over a fixed period.

Investment

The allocation of resources, such as time, money, or effort, in hope of generating a future benefit or profit.