Question

Which of the following systems believes that the role of the government is only to promote competition and provide public goods?

Capitalism

Socialism

Communism

Marxism

Answer 1

Answer: Capitalism. Capitalism is a economical and political system that bases itself on independency through private and local owners to control a country's industry instead of the government.

Answer 2

Answer:

The idea that the Government is not responsible for conducting trade and industry, the idea which promotes competition, which believes in good of the individual rather than that of the collective society is promoted by capitalism.

Explanation:

Socialism calls for the collective good of the society where the means of production are owned by the state.

Communism calls for the system where the means of production are owned by the community as a whole.

Marxism is an system which analyses the social order by class differences and conflict between groups which are motivated by materialism.