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Economic growth, in the context of capitalism, relies on a mix between consumption and regulation. decreasing...

Economic growth, in the context of capitalism, relies on

a mix between consumption and regulation.
decreasing consumption.
None of the above.
increasing consumption
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Answer #1

Capitalism relies on increase in consumption and decreased regulation, so that the industry is controlled by businessmen. Without friendly regulations, high consumption may or may not lead to increased profits. Similarly, friendly regulations presence without demand being there will not result in profits. Hence, high consumption, coupled with regulation is required to experience economic growth. Hence, answer is (a) a mix between consumption and regulation.

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