One of the greatest concerns associated with capitalism is that:
A. It is not very successful at creating wealth.
B. Some businesspeople may let greed guide their behavior.
C. The amount of economic freedom enjoyed by consumers is very limited.
D. Producers are unlikely to supply the goods and services that consumers value the most.

Question

15-08-2019
Business

contestada

One of the greatest concerns associated with capitalism is that:
A. It is not very successful at creating wealth.
B. Some businesspeople may let greed guide their behavior.
C. The amount of economic freedom enjoyed by consumers is very limited.
D. Producers are unlikely to supply the goods and services that consumers value the most.

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Nyctalus Nyctalus · Answer 1 · 2019-08-23T08:03:16+02:00

Answer: Option B

Explanation: Capitalism refers to that economic structure in which the major resources and industries within the economy are controlled by individuals and private corporations. In such a capital structure the intervention is very minor in controlling price or market forces of demand and supply.

Therefore, in a capitalist economy the producers can get into unethical business activities in the greed of extra profit as there is no authority to monitor or regulate their behavior.