Which of the following best describes a capitalistic nation?
most or all of the factors of production and distribution are privately owned and operated for a profit
the nation-state owns most of the factors of production and distribution, and makes central decisions with respect to the distribution of resources
the nation-state practices state capitalism. it prefers to maintain ownership of certain industries.
the political system endorses several hundred entitlement programs. business taxes support these programs that are restricted to the unemployed