Individuals in capitalist economies are motivated by the interests of the community. a. True b. False
Social Studies · High School · Sun Jan 24 2021
Answered on
b.) False
In capitalist economies, individuals are generally motivated by their self-interest or personal gain. Capitalism is an economic system where the means of production and distribution are privately owned, and individuals, driven by the pursuit of profit and personal success, make decisions about what to produce, how to produce, and for whom to produce. The primary motivation in capitalism is individual economic self-interest rather than the interests of the community as a whole.