Capitalism has both improved the overall prosperity of humanity and amplified relative inequality over the last 300 years. On a global basis, which one of the following sets of statements is most accurate?
Group of answer choices

capitalism is neither positive and nor negative

capitalism is equally positive and negative

capitalism is primarily negative, but with some important positive effects

capitalism is primarily positive, but with some important negative effects

Question

02-07-2022
Social Studies

Answered

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Capitalism has both improved the overall prosperity of humanity and amplified relative inequality over the last 300 years. On a global basis, which one of the following sets of statements is most accurate?
Group of answer choices

capitalism is neither positive and nor negative

capitalism is equally positive and negative

capitalism is primarily negative, but with some important positive effects

capitalism is primarily positive, but with some important negative effects

Sagot :

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gauravsingh23VT gauravsingh23VT · Answer 1 · 2022-07-05T01:34:20-04:00

Capitalism is primarily positive, but with some important negative effects, is the most accurate set of statement.

What is meant by capitalism?

It's common to assume of capitalism as a market structure where private entities own and sell property according to their own objectives.

Where supply and demand freely determine market pricing in a way that can best serve society. The desire to turn a profit is capitalism's fundamental characteristic.

Thus, option D is correct.

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Sagot :

What is meant by capitalism?

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