Question

What is TRUE about a capitalist society?

Answer 1

The idea behind capitalism is that the free market of products and ideas is owned and driven by private citizens. A capitalist society is a social order in which private property rights and the free market serve as the basis of trade, distribution of goods, and development.

Answer 2

In ideal terms: In a capitalist economic system, the owner of production is the individual, and the benefactors of production are first the individual and second the society. In a socialist or communist economic system, the owner of production is the state or the society, and the benefactor is the society.