Which statement best describes market capitalism? Market capitalism is one in which the government does not have the power to alter price by taxation and cannot interfere with the quantity demanded by consumers. Market capitalism is one in which the government determines the methods of production by creating laws that restrict production of certain goods. Market capitalism is one in which the government has the power to add taxes to price, altering the quantity demanded by consumers. Market capitalism is one in which the government operates in a laissez faire mode and does not influence the factors of production. Complete Later Complete