In a capitalist society the goods produced are distributed among people _______
Show answer & explanation
Correct answer: D
Explanation
The correct answer is option 4 i.e. not on the basis of what people need but on the basis of Purchasing Power.
- In a capitalist society, goods and services are distributed based on purchasing power rather than individual needs.
- This means that those with greater financial resources have more access to goods and services, while those with less purchasing power may struggle to obtain essentials.
- Distribution is determined by market forces and individual ability to pay, leading to disparities where economic inequalities can impact access to necessary products and services, rather than prioritizing needs or equitable distribution.