Question

What does the success of industrial economies depend upon?

stocks sold

products created

number of people in the labor market

education

Answer 1

Capitalism is an economic system characterized by private ownership of the means of production, especially in the industrial sector.

Step-by-step explanation:

Answer 2

The success of industrial economies depends on several factors: stocks sold, products created, number of people in the labor market, and education.

The answer is option ⇒1,2,3 and 4

Step-by-step explanation:

Investing in human capital, which refers to the education and skills of the laborers, is crucial in improving the workforce and increasing productivity. A well-educated labor force leads to innovation and the development of physical capital.

Additionally, cultural factors such as the availability of qualified women in factory settings and worker characteristics like honesty and loyalty also contribute to the success of industrial economies.

The answer is option ⇒1,2,3 and 4