Answered

Join IDNLearn.com and start getting the answers you've been searching for. Ask any question and receive accurate, in-depth responses from our dedicated team of experts.

Which statement(s) most directly apply to capitalism? I. There is heavy government regulation of industry. II. Individuals can start some, but not all, kinds of enterprises. III. The price and availability of goods is determined primarily by the market. A. I and II b. II only c. I and III d. III only.

Sagot :

Capitalism refers to private ownership of trade and industries and price of good and services determine by the market.

What do you mean by capitalism?

It is the countries economic and political system where trade, industries and capital goods are owned and controlled by private individuals for profit rather than the government.

The statement that the price and goods availability is determined primarily by the market explains the capitalism.

Therefore, option d aptly describes capitalism.

Learn more about capitalism here:

https://brainly.com/question/26119138

Thank you for using this platform to share and learn. Don't hesitate to keep asking and answering. We value every contribution you make. Your search for answers ends at IDNLearn.com. Thanks for visiting, and we look forward to helping you again soon.