Biology, 17.09.2021 16:00 ajacobsen

Which of these statements does NOT accurately describe the economic system: CAPITALISM.
This economic system revolves around private property. Products and services
are provided by individuals who sell on the open market based on supply and
demand.
Definition: an economic system in which the state (government) gains control
over the means of production such as land and natural resources
This economic system follows the concept of "laissez-faire" meaning: "there should
be NO government laws for businesses, so that businesses can make their own decisions about what
prices to charge, what to pay workers, what products to makelsell, etc."

Answers: 1

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Which of these statements does NOT accurately describe the economic system: CAPITALISM.
This...