Understanding Capitalism

What is the primary goal of capitalism according to the market economy?

• To eliminate poverty

• To provide free education for all

• To turn money into more money

• To ensure equal distribution of wealth

During the early stages of capitalism, who had the most decision-making power?

• The nobility

• The workers

• The state

• The capitalists

What significant change occurred during industrialization in the context of capitalism?

• Nobility gained more power

• The state took control of all industries

• Factory owners became the most powerful group

• Workers received higher wages

How does the state function in the era of late capitalism?

• As a referee to protect workers and prevent monopolies

• As a direct owner of all businesses

• As a promoter of monopolies

• As a passive observer

What is a common criticism of capitalism mentioned in the final section?

• It reduces economic growth

• It eliminates social justice

• It encourages a consumer society

• It leads to a decrease in technological advancements