In a capitalistic system which of the following is incorrect? *

Question

trade and industry are ran for profit

The government facilitates supply and demand

Private owners control business

Answer 1

The government controls all aspects of trade and industry.

Answer 2

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

Answer 3

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.)