Which of the Following Is Not a Characteristic of Capitalism

question 55

Multiple Choice

Which of the following is not a characteristic of capitalism?

• A) Private ownership of the factors of production.
• B) Businesses make their own product and price decisions.
• C) Public ownership of the factors of production.
• D) Decentralized decision-making using markets.

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Definitions:

Predominantly White

Refers to institutions or communities where the majority of members or participants are of European descent or identify as white.

Predominantly Black

describes communities or areas where the majority of the population is of African descent or identifies as black.

Supermarket Redlining

A discriminatory practice where supermarkets or large grocery store chains avoid opening stores in economically disadvantaged or minority neighborhoods.

Corporations

Organizations or businesses recognized by law as a single entity, having rights and responsibilities, and authorized to act as a single person.