Question

<!--td {border: 1px solid #ccc;}br {mso-data-placement:same-cell;}--> What is a major characteristic of capitalist society?

• A. Public ownership of capital goods
• B. Public ownership of finances
• C. Public ownership of banks
• D. Private ownership of capital goods

Answer 1

The correct option is D Private ownership of capital goods

<!--td {border: 1px solid #ccc;}br {mso-data-placement:same-cell;}--> Capitalist society is a society driven by the idea of competition between individuals. Capitalism is characterised by private ownership of capital goods.