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What is the definition of capitalism? Check all that are implied by your understanding of the definition:
belief that human nature is inherently selfish
an economic system that enables using money to make money
control of society by business
a subsidy-free society
private ownership of the means of production
the act of running a business
a shit sandwich: the more bread you have, the less shit you have to eat, and vice versa
separation of economy and state
preference for competition over cooperation
the only economic system consistent with human nature
a catch-all term for all things voluntary
preference for the private sector over the public sector
Posted 5 years.
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