Which among the following is a characteristic of capitalist economy ........

Indian Economy (Easy) Planning in India

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Which among the following is a characteristic of capitalist economy?

Minimum government intervention

Market forces are highly regulated

It is a socialist system

Maximum government intervention

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Explanation:

The government’s role in capitalism is to maintain a level playing field I.e. minimum intervention. It prevents the unfair advantages obtained by monopolies or oligarchies. It also maintains infrastructure. It taxes capital gains and income to accomplish these goals.