Question:

(TCO 1) One of the greatest concerns associated with capitalism is that?

by  |  earlier

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1it is not very successful at creating wealth.

2 some businesspeople may let greed guide their behavior.

3the amount of economic freedom enjoyed by consumers is very limited.

4producers are unlikely to supply the goods and services that consumers value the most.

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2 ANSWERS


  1. The answer is 2.  Capitalism is demonstrably better at creating wealth  for a greater number of citizens than any other political system, so it's not 1.  Capitalism produces economic freedom for consumers, because they have the choice of what they buy, instead of, for example, being presented with cucumbers and paper towels, and that's all there is for sale today.   It follows that in a capitalist system, producers must produce goods and services that consumers value the most, or consumers won't buy them.


  2. I would say 2 because of the real life example today with gas companies charging as much as they want for gas

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