Problemas
20 An economic system where trade and industry are controlled by private owners for profit. a Joint Stock Companies b. Free Interprise c. Fnlightenment d. Capitalism
Roztwór
Adrián
professionell · Tutor durante 6 años
4.1
(157 Votos)
Respuesta
The correct answer is 'd. Capitalism'.
Explicación
## Step 1The question is asking for the term that describes an economic system where trade and industry are controlled by private owners for profit. This is a definition of a specific type of economic system.## Step 2Let's analyze each option:- Joint Stock Companies: This is a type of business entity where shares of the company's stock can be bought and sold by shareholders. This doesn't describe an economic system.- Free Enterprise: This is an economic system where private business operates in competition and largely free of state control. This is a system, but it doesn't fully capture the definition given in the question.- Enlightenment: This is a philosophical movement that took place in the 18th century, not an economic system.- Capitalism: This is an economic system where trade and industry are controlled by private owners for profit. This matches the definition given in the question.