One of the fundamental features of capitalism is
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Correct Answer: Option A
Explanation:
One of the fundamental features of capitalism is that the major factors of production are privately owned. Capitalism is an economic system based on private ownership of the means of production and the pursuit of profit. It encourages competition and market forces, unlike socialism which emphasizes public ownership.
One of the fundamental features of capitalism is that the major factors of production are privately owned. Capitalism is an economic system based on private ownership of the means of production and the pursuit of profit. It encourages competition and market forces, unlike socialism which emphasizes public ownership.