Question

Which of the following is NOT a type of 4 organization in a capitalist system?

A. sole proprietorships
B. partnerships
C. collectives
D. corporations

Answer 1

The answer is C. Collective

Collective is any type of organization in which the members have the same goal, it doesn't have to be in a capitalist system

the 4 type of organization in capitalist system are :
- Sole Proprietorship
- partnership
- corporations
- Limited Liability corporation