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What is a defining feature of a capitalist economy?a)State ownership of production means.b)Production for personal use only.c)Private ownership of production means.d)Absence of wage labor.Correct answer is option 'C'. Can you explain this answer? for Humanities/Arts 2024 is part of Humanities/Arts preparation. The Question and answers have been prepared according to the Humanities/Arts exam syllabus. Information about What is a defining feature of a capitalist economy?a)State ownership of production means.b)Production for personal use only.c)Private ownership of production means.d)Absence of wage labor.Correct answer is option 'C'. Can you explain this answer? covers all topics & solutions for Humanities/Arts 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for What is a defining feature of a capitalist economy?a)State ownership of production means.b)Production for personal use only.c)Private ownership of production means.d)Absence of wage labor.Correct answer is option 'C'. Can you explain this answer?.

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