If the United States government were to regulate its financial structures, including banks and businesses, which of the following criteria of a capitalist economy would it violate?

a. Consumer interests affect capitalism.

b. Prices and wages are set by supply and demand.

c. Privately owned resources are used to make a profit.

d. Government involvement in businesses and markets must be limited.

Question

Social Studies

Emery Watts

21 November, 12:33

If the United States government were to regulate its financial structures, including banks and businesses, which of the following criteria of a capitalist economy would it violate?

a. Consumer interests affect capitalism.

b. Prices and wages are set by supply and demand.

c. Privately owned resources are used to make a profit.

d. Government involvement in businesses and markets must be limited.

+2

Answers (2)

Know the Answer?

Joseph Hess · Answer 1

Government involvement in businesses and markets must be limited.

Royce Barker · Answer 2

The correct answer is D. Government involvement in businesses and markets must be limited, and when the government regulates the interest rate, it artificially influences supply and demand. In a capitalist economy, the supply and demand is determined by the interactions between buyer and seller.