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QUESTION IMAGE

which of the following is an advantage of capitalism and the free marke…

Question

which of the following is an advantage of capitalism and the free market in the united states?
o work is obligatory and is on behalf of the state.
o private property is either limited or non - existent.
o the potential for profit provides incentive to work.
o the needs of the state drive the economic activity.

Explanation:

Brief Explanations

In capitalism and free - market systems in the US, private property rights exist and the potential for profit provides an incentive for individuals to work and innovate. The state does not drive economic activity in the same way as in non - capitalist systems. People work for personal gain rather than on behalf of the state.

Answer:

The potential for profit provides incentive to work.