Although the United States is a capitalist country, the government does intervene in the economic arena, primarily through
A) central planning for industry.
B) ensuring equality of outcomes.
C) government ownership of some key industries.
D) controlling public access to goods and services.
E) regulating private businesses.
Question 2
Capitalism is best described as a(n)
A) economic system in which the means of production are owned by the state.
B) system in which a small group of people owns the majority of the wealth.
C) system in which the use of property is controlled by majority will.
D) economic system in which production and property are privately owned, with a minimum of government interference.
E) good idea in theory but not practically applicable.