Which one of the following is not the characteristic of capitalism ?

A Individuals and associations behave with economic motive of maximising their profit with least sacrifice or cost

B The country’s major means of production are either owned by the Government or their use is controlled by the Government.

C Producers, consumers and employees compete among themselves, as the resources and opportunities are limited.

D Price, the invisible hand, plays a predominant role in the flow of the factors of production and consumption

Answer & Explanation
Answer:The country’s major means of production are either owned by the Government or their use is controlled by the Government.

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