Read the quotation from an important cold war leader below. which economic system do you think the speaker is describing? relatively few nations have the socially conscious type of private enterprise that we enjoy. here private enterprise, with minimal intervention by government, strives to benefit all the people.1 a. capitalism b. communism c. globalism d. colonialism

The economic system the speaker is describing is capitalism. Option A is correct.

Capitalism is an economic system based on the private ownership of the means of production and their operation for profit.

Capitalism entails private property, capital accumulation, wage labor, voluntary exchange, a price system, and competitive markets.

In capitalist market economy, every owner of wealth, property or production ability in financial and capital markets determined decision-making and investment.

im not sure

step-by-step explanation: s

b. andrew