Which of the Following Is Not an Attribute of Capitalism

question 6

Multiple Choice

Which of the following is not an attribute of capitalism?

• A)The majority of businesses is owned by a small number of people.
• B)Capitalist relationships tend to be open and transparent.
• C)capital
• D)labor
• E)profit

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Definitions:

Supply Of Steel

The total amount of steel available for use or sale, which could include production output, imports, and stored inventory.

Demand For Steel

The total market desire to purchase steel, influenced by various economic and industrial factors.

Government Revenue

The money received by a government from taxes and non-tax sources to enable it to undertake government expenditures.

Perfectly Inelastic

A situation in which the quantity demanded or supplied of a good does not change regardless of changes in its price.