Capitalism places paramount importance on the need for the government to intervene in the economy to ensure a fair and equitable distribution of income.

Name: Capitalism places paramount importance on the need for the government to intervene in the economy to ensure a fair and equitable distribution of income.
Brand: Quizplus
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Question

Quizplus · Accepted Answer

This statement is false. Capitalism emphasizes free market competition and limited government intervention in the economy. It does not prioritize a fair and equitable distribution of income.

Capitalism Places Paramount Importance on the Need for the Government