Question

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

• A. Right to private property
• B. Restriction on consumer's right to choose
• C. Profit motive
• D. Freedom of enterprise

Answer 1

The correct option is B Restriction on consumer's right to choose

Capitalism is also known as free market. A free enterprise economy is made up of consumer spending, business investments and government purchases. Consumers are an important part of a free enterprise economy. There is no restriction on consumer's right to choice in a capitalist economy, in fact, the consumer has complete right to have the product or service of his choice.