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HELPPP!!!!!!!!!!!!
Which of the following is true about capitalism?
A) It is based on a free-market economy
B) It is a form of mercantilism
C) It is based on a command economy
D) It was practiced in Europe before the United States

Respuesta :

Answer:

A.

The other three answers are incorrect. Capitalism is not a form of mercantilism or a form of command economy.

ogorwyne

The truth about capitalism in this question is that it is based on a free market economy.

Capitalism can be described as a type of economic system whereby a few private owners are the ones to determine trade and commerce for their own profits.

Capitalism is a free market economy given that what controls it is the law of supply and demand and not the government.

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