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engbarthcobie
engbarthcobie
12.04.2021 • 
History

Your teacher is talking about the principles of capitalism and states: 'The main role of the government in capitalism is to ensure people have the freedom they need to buy and sell their goods and services in an open and competitive market. In doing so, the government should protect the right of anybody to own property and should protect workers. However, consumer protection is not important. Free competition will root out bad products, so the government doesn't need to protect consumers.' What did your teacher say that was NOT correct? In capitalism, you should let the competitive market protect the consumers
In capitalism, it is important for the government to protect private property
In capitalism, it's important for the government to provide the people with the freedom they need to buy and sell their goods and services in an open and competitive market
In capitalism, you should let the government protect the workers

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