Capitalism Quiz incomplete

Questions about Capitalism:

Question: What is the main focus of capitalism?
(a) Promoting sustainable and conscious consumption.
(b) Maximizing profit and private ownership of resources.
(c) Advocating for equitable distribution of wealth.
(d) Encouraging self-sufficiency and minimalistic lifestyles.

Answer. (b)

Question: How do capitalism and consumerism relate to each other?
(a) Capitalism and consumerism are synonymous terms.
(b) Consumerism is a natural consequence of a capitalist economic system.
(c) Capitalism and consumerism are incompatible and mutually exclusive.
(d) Consumerism undermines the principles of capitalism.

Answer. (b)

About the author

Jaspreet

Jaspreet (Masters in Commerce-LLB) not only have exceptional command of Accounts and Commerce subjects but also have keen interest in Law. He is consistent in producing high quality assignments.

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