In a capitalistic system which of the following is incorrect? *
trade and industry are ran for profit
The government facilitates supply and demand
Private owners control business
3 answers
The government controls all aspects of trade and industry.
In a capitalistic system which of the following is incorrect? *
A. Trade and industry are ran for profit
B. The government facilitates supply and demand
C. Private owners control business
A. Trade and industry are ran for profit
B. The government facilitates supply and demand
C. Private owners control business
B. The government facilitates supply and demand. (This is incorrect as in a capitalist system, the government's role is often limited to regulating certain aspects of business and enforcing contracts, while supply and demand are determined by the market forces of individuals and businesses buying and selling goods and services.)