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4 March, 06:48

Who controls property and the distribution of income in a capitalist system

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  1. 4 March, 06:54
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    America has a capitalist economy, Therefore, the company that is worked for is in control of the distribution of income, while property is controlled by individuals unless government owned land such as national parks.
  2. 4 March, 08:50
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    Individuals and private property's owners

    Explanation:

    Capitalism is an economic system characterized by private ownership of means of production; it depend on enforcement of private property rights that may boost investment and the productive use of capital. For that reason, the ones in charge of the distribution of income are the owners of property and producers, as well as the owners of companies; moreover, it is important to highlight that private property rights are fundamental to capitalism as it promotes efficiency by giving the owner the resourcers to maximize the value of their property.
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