True or false In a capitalist system, the government owns property and decides how to use it

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Social Studies

Clicker

11 January, 14:36

True or false In a capitalist system, the government owns property and decides how to use it

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Answers (2)

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Spot · Answer 1

This is false!

This statement would be true of a communist system, as in a communist system the government owns the property and decides on its distribution.

In a capitalist system the property (the "capital", hence the name) is in private hands and the owners can independently decide over it.

Russell · Answer 2

In a capitalist system, the government doesn't own the property and doesn't decide how the property will be used - this is a false statement. This is a characteristic of a command economy or rather of a communist monetary system.