Answer :
A) Businesses in capitalist economies are not particularly competitive.
Is competition nonexistent in capitalism?
Personal property ownership, open competition, and individual incentives are all hallmarks of capitalism. In a free-market system, buyers and sellers' demand and supply are the only determinants of the market, and the government has little to no influence.
What are the four traits of a capitalist?
A two-class system, private ownership, a profit motive, minimal government intervention, and competition are just a few of the unique characteristics of capitalism.
What is the economy's capitalist?
Most people think of capitalism as an economic system in which private actors own and control property according to their own interests and demand and supply freely set market prices in a way that can serve society's best interests. The drive to make a profit is fundamental to capitalism.
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