Question

which phrase best describes capitalism. A. more government ownership of business B. more economic freedom for business C. some government ownership of business D. less economic freedom for business​

Answer 1

Answer:

B. more economic freedom for business

Explanation:

The changes, especially in England and the Netherlands, represent a crucial stage in development of an economic system known as capitalism. Industrialization gave rise to capitalism because it allowed the capitalist to invest, build industries and earn a profit. Capitalism brought competition in the market, which led to the growth of production in the industries.