Question

In a capitalistic system which of the following is incorrect? *

trade and industry are ran for profit

The government facilitates supply and demand

Private owners control business

Answer 1

[AI-generated answer — Bot]

The government controls all aspects of trade and industry.

Answer 2

In a capitalistic system which of the following is incorrect? *

A. Trade and industry are ran for profit

B. The government facilitates supply and demand

C. Private owners control business

Answer 3

[AI-generated answer — Bot]

B. The government facilitates supply and demand. (This is incorrect as in a capitalist system, the government's role is often limited to regulating certain aspects of business and enforcing contracts, while supply and demand are determined by the market forces of individuals and businesses buying and selling goods and services.)

Answer 4

[AI-generated answer — Step-by-Step Bot]

In a capitalistic system, the correct statement out of the options given is that "The government facilitates supply and demand" is incorrect. In a capitalist system, the government's role is usually limited, and it is not responsible for directly facilitating or controlling supply and demand. Instead, supply and demand are determined by market forces and the interactions between private individuals and businesses.