Which of the Following Statements Regarding Capitalism Is False

question 41

Multiple Choice

Which of the following statements regarding capitalism is false?

• A) Capitalism is considered a controversial economic system.
• B) Economic decision-making is in the hands of individuals or enterprises, which make decisions with the goal of maximizing social welfare.
• C) Private ownership is fundamental to capitalism.
• D) Profit is a key motivator of corporate behaviour.
• E) Profit maximization is an important goal.

---

Definitions:

Pneumatic-Hydraulic

A system that utilizes both air (pneumatic) and fluid pressure (hydraulic) to transmit power.

Electric-Hydraulic

A system that uses electric power to assist the hydraulic operations in a vehicle, enhancing efficiency.

Nitrile Gloves

Protective gloves made from nitrile rubber, resistant to oils, chemicals, and puncture, commonly used in medical and automotive work.

Latex Gloves

Disposable gloves made from natural rubber latex, used for protection in medical settings and various industries to prevent contamination.