A capitalist economic system is one in which
A) individuals and corporations own the principal means of production, through which they seek to earn profits.
B) a central government determines production and price levels.
C) private individuals act according to market principles and enhance the general welfare, with no government involvement.
D) individuals and corporations share ownership of the principal means of production, and profits are distributed equally.
E) all individuals have an equal chance of owning the principal means of production, often in the form of stock ownership.
Answer: A
AP Government
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