Question:

Does a capitalist system allow for more productive use of resources?

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i'm taking an online quiz for an econ class and am stuck on this one question: true or false: Changing from a feudal system to a capitalist system allowed for more productive and efficient uses of resources. it sounds like a trick question but i'm not sure. any economy or history experts help me out here??

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2 ANSWERS


  1. yes


  2. Capitalism is always more productive. Private ownership in a free market creates wealth. It forces better, cheaper and more efficient products and the production through competition.

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