Question

question 6 5 pts capitalism is an economic system in which value is determined solely by how much work goes into a product. the means of production and distribution are collectively rather than privately owned. owners of private property compete in the marketplace in pursuit of profit. directors of nonprofit agencies ensure that wealth is shared by all.

Explanation:

In capitalism, private - property owners operate in the market to make a profit. The value of a product is not solely determined by labor input (rejecting the first option). In capitalism, the means of production and distribution are privately owned, not collectively (rejecting the second option). Non - profit agencies are not central to the definition of capitalism, and the idea of wealth being shared by all through non - profit directors is not characteristic of capitalism (rejecting the fourth option).

Answer:

owners of private property compete in the marketplace in pursuit of profit.