This topic contains a solution. Click here to go to the answer

Author Question: Ben wants to open a business in a country that allows him to own property privately, make a personal ... (Read 74 times)

khang

  • Hero Member
  • *****
  • Posts: 569
Ben wants to open a business in a country that allows him to own property privately, make a personal profit, and compete openly against other firms. In general he prefers that the government stay out of his business. He would like to open his business in a __________ system.
 
  A) socialist
  B) capitalist
  C) communist
  D) democratic

Question 2

When an economic system is based on ownership of the means of production by the people for their collective benefit it is classified as a __________ system.
 
  A) capitalist
  B) socialist
  C) democratic socialist
  D) corporatist



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

Heffejeff

  • Sr. Member
  • ****
  • Posts: 336
Answer to Question 1

Answer: B

Answer to Question 2

Answer: B




khang

  • Member
  • Posts: 569
Reply 2 on: Jul 2, 2018
:D TYSM


parker125

  • Member
  • Posts: 332
Reply 3 on: Yesterday
Excellent

 

Did you know?

There are approximately 3 million unintended pregnancies in the United States each year.

Did you know?

No drugs are available to relieve parathyroid disease. Parathyroid disease is caused by a parathyroid tumor, and it needs to be removed by surgery.

Did you know?

Women are 50% to 75% more likely than men to experience an adverse drug reaction.

Did you know?

The calories found in one piece of cherry cheesecake could light a 60-watt light bulb for 1.5 hours.

Did you know?

Stroke kills people from all ethnic backgrounds, but the people at highest risk for fatal strokes are: black men, black women, Asian men, white men, and white women.

For a complete list of videos, visit our video library