QUESTION IMAGE
Question
what is the fundamental objective of capitalism?
equal distribution of wealth
maximum profit generation
worker - owned means of production
government control of industry
Capitalism is an economic system where private individuals or businesses own capital goods. The main drive is profit - making. Equal distribution of wealth is more related to socialist or communist ideals. Worker - owned means of production is a feature of some cooperative or socialist - leaning models. Government control of industry is seen in more planned or socialist economies. In capitalism, businesses aim to maximize profits for their owners (shareholders, private owners etc.) by producing goods and services and selling them in the market.
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Maximum profit generation