Due to the rights and freedoms afforded under capitalism:

A. people feel safe and don't feel the need to take added risks by starting businesses.

B. people are motivated to take calculated risks.

C. people don't have to choose where they will work.

D. the prices of necessities are always very low.

Question

Business

Bridget Chaney

9 January, 22:22

Due to the rights and freedoms afforded under capitalism:

A. people feel safe and don't feel the need to take added risks by starting businesses.

B. people are motivated to take calculated risks.

C. people don't have to choose where they will work.

D. the prices of necessities are always very low.

+3

Answers (1)

Know the Answer?

Reece Bridges · Answer 1

Answer: Under this the correct statement is: (B.) people are motivated to take calculated risks.

Under capitalism an economic system is thoroughly based on the private control, i. e. the main ideology under production is of profit maximization. Characteristics cardinal to capitalism consider holdings, assets accumulation, wage, exchange.

Therefore, in this given case the correct option is (b).

This is because under capitalism the driving force is profit maximization that tends to drive people towards risk taking.

Due to the rights and freedoms afforded under capitalism:A. people feel safe and don't feel the need to take added risks by starting businesses.B. people are motivated to take calculated risks.C. people don't have to choose where they will work.D. the prices of necessities are always very low.