What is the focus of capitalism?a.)Wealth creationb.)Accumulation of wealthc.)Wealth through traded.)Static wealth
Question
What is the focus of capitalism?
a.) Wealth creation
b.) Accumulation of wealth
c.) Wealth through trade
d.) Static wealth
Solution
The focus of capitalism is primarily on the accumulation of wealth. This is reflected in the drive for profit through the optimization of resources and capital investment. Let's analyze the options:
- Wealth creation - While capitalism does involve creating wealth, it is more about the accumulation and distribution of that wealth.
- Accumulation of wealth - This is the primary goal of capitalism; it's about individuals and businesses accumulating more wealth over time.
- Wealth through trade - Trade is a component of capitalism, but the overarching focus is on wealth accumulation.
- Static wealth - This does not align with capitalism, which is dynamic and focused on growth.
Final Answer
b.) Accumulation of wealth
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