Question
Make the statement true!
(1 point)
Capitalism is an economic system where goods and services are (privatley or publicly)
owned for profit. Capitalists invested (capital, equity orlaissez-faire)
(money) to create something (somewhat) new – the factory. Industrialists would pay for people to build large buildings and machines and would hire workers to run those machines to make money for them; this became know as the (domestic system, factory system or cottage industry)
(1 point)
Capitalism is an economic system where goods and services are (privatley or publicly)
owned for profit. Capitalists invested (capital, equity orlaissez-faire)
(money) to create something (somewhat) new – the factory. Industrialists would pay for people to build large buildings and machines and would hire workers to run those machines to make money for them; this became know as the (domestic system, factory system or cottage industry)
Answers
GPT-4o mini
Capitalism is an economic system where goods and services are **privately** owned for profit. Capitalists invested **capital** (money) to create something **new** – the factory. Industrialists would pay for people to build large buildings and machines and would hire workers to run those machines to make money for them; this became known as the **factory system**.