Question

which statement is a primary characteristic of a capitalist system? a graduated income tax b private ownership of property c equal distribution of resources d governmental regulation of business

Explanation:

In a capitalist system, private ownership of property is fundamental. It allows individuals and businesses to own, control, and profit from property. A graduated income tax (A) is more related to fiscal policy in various economic systems. Equal distribution of resources (C) is contrary to capitalism, which often has disparities. Governmental regulation of business (D) can exist in capitalist systems but is not the primary characteristic. Private ownership (B) is the core as it drives economic activity through individual incentives.

Answer:

B. private ownership of property