Problemas
35. Read the Definition: This political and economic theory supports the private rather than public ownership of a countries means of production. Which best matches this definition? A. Socialism B. Capitalism C. Communism b. Mercantilism
Roztwór
Edgar
élite · Tutor durante 8 años
4.7
(301 Votos)
Respuesta
B. Capitalism
Explicación
## Step 1The problem provides a definition of a political and economic theory that supports private ownership of a country's means of production. We need to identify which of the given options best matches this definition.## Step 2Let's analyze each option:- Socialism: This theory advocates for public ownership and control of the means of production. This does not match the given definition.- Capitalism: This theory supports private ownership and control of the means of production. This matches the given definition.- Communism: This theory advocates for the elimination of private ownership and the establishment of a classless society where all means of production are owned in common. This does not match the given definition.- Mercantilism: This theory is an economic theory that was prevalent in Europe during the 16th to the 18th century. It focuses on the accumulation of wealth through a positive balance of trade with other nations. This does not match the given definition.## Step 3Based on the above analysis, the theory that best matches the given definition is Capitalism.