Which of the following is not a feature of a capitalist economy?

Price mechanism is decided by the market.

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Price mechanism is decided by the state.

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Citizens can own private property.

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There is continuous innovation.

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Solution

The correct option is C Price mechanism is decided by the state.
A capitalist economy is where the price mechanism is decided by the market forces of demand and supply. The state or the government does not interfere in the price decision.

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