Question

question 6 which of the following are characteristics of capitalism? select all that apply. a governments decide how much of an item to produce. b companies are privately owned. c the community owns the means of production. d supply and demand determine prices.

Explanation:

In capitalism, companies are privately owned and prices are determined by supply - and - demand. Government - planned production (A) is more of a feature of a command economy, and community ownership of the means of production (C) is characteristic of socialism or communism.

Answer:

B. Companies are privately owned.
D. Supply and demand determine prices.