Which economic system is defined as the use of private resources to make a profit?
a. socialism
b. capitalism
c. communism
d. total command

The answer is b: capitalism.

Capitalism is defined as the use of private resources to make a profit.

Explanation:  

Capitalism refers to an economic system in which private own and controls the country’s trade, industry, and profits.  In capitalism, the private owns the factors of production which are natural resources, labour, capital and entrepreneurship. The main feature of capitalism is to make a profit.

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