Which Is NOT TRUE Regarding Capitalism

question 84

Multiple Choice

Which is NOT TRUE regarding capitalism?

• A) A division of wealth often exists between cities and the countryside.
• B) Capital seeks out the highest rate of profit.
• C) Capitalism can cause uneven spatial development (wealth of New York versus situation of Detroit).
• D) Prior to colonialism, Europe was the wealthiest and most advanced area of the world.
• E) Colonialism enhanced the wealth of Europe.

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Definitions:

Produce Watches

The process of manufacturing timepieces, typically involving assembly of various components to create functional wristwatches.

Produce Cheese

The process of making cheese from milk through coagulation, curdling, and pressing the solids.

Specialization And Trade

An economic strategy where individuals or groups focus on a narrow area of expertise to increase efficiency and trade with others for different goods or services.