Concept:Capitalism is the system that encourages free competition among private producers in a market.
Explanation:In capitalism, private individuals own the factors of production.
Businesses compete for limited resources and customers in a free market.
The goal is to maximise profit through this healthy competition.
Government control is limited, allowing market forces of demand and supply to operate freely.
Other systems, such as feudalism, communism, or social democracy, impose government ownership or regulation.
Such restrictions reduce the level of competition permitted.
Thus, capitalism allows for and guarantees maximum competition.
Answer:B. Capitalism.