Capitalist societies share three basic ideals

Reference no: EM13175787

Capitalist societies share three basic ideals. Which of the following is NOT one of these ideals?

A) Free competition and consumer independence are basic to all economic activities.

B) Companies are free to maximize profits and accumulate wealth.

C) Land and resources should be owned and controlled by the state government, while production and services are in the hands of free enterprise.

D) The elements of production are privately owned.

Reference no: EM13175787

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