what is an accurate statement regarding capitalism? a the government has total control of the economy b) there is no competition in the market place in capitalism than communism d people aren't motivated to work hard since they don't own their own business

Capitalism is an economic system where the factors of production are controlled by individuals or market forces rather than the government.

In capitalism, factors of production such as labour are firmly in the hands of individuals.

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what is an accurate statement regarding capitalism? a the government has total control of the economy b) there is no competition in the market place in capitalism than communism d people aren't motivated to work hard since they don't own their own business​

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What is Capitalism?

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what is an accurate statement regarding capitalism? a the government has total control of the economy b) there is no competition in the market place in capitalism than communism d people aren't motivated to work hard since they don't own their own business