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 21 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
Excellent


tranoy

  • Member
  • Posts: 344
Reply 3 on: Yesterday
Gracias!

 

Did you know?

Certain topical medications such as clotrimazole and betamethasone are not approved for use in children younger than 12 years of age. They must be used very cautiously, as directed by a doctor, to treat any child. Children have a much greater response to topical steroid medications.

Did you know?

Many people have small pouches in their colons that bulge outward through weak spots. Each pouch is called a diverticulum. About 10% of Americans older than age 40 years have diverticulosis, which, when the pouches become infected or inflamed, is called diverticulitis. The main cause of diverticular disease is a low-fiber diet.

Did you know?

Disorders that may affect pharmacodynamics include genetic mutations, malnutrition, thyrotoxicosis, myasthenia gravis, Parkinson's disease, and certain forms of insulin-resistant diabetes mellitus.

Did you know?

Most childhood vaccines are 90–99% effective in preventing disease. Side effects are rarely serious.

Did you know?

The types of cancer that alpha interferons are used to treat include hairy cell leukemia, melanoma, follicular non-Hodgkin's lymphoma, and AIDS-related Kaposi's sarcoma.

For a complete list of videos, visit our video library