Author Question: Competition is the mechanism that keeps individual profit seeking in check under pure capitalism. ... (Read 73 times)

faduma

  • Hero Member
  • *****
  • Posts: 528
Competition is the mechanism that keeps individual profit seeking in check under pure capitalism.
 
  a. true
  b. false

Question 2

Laissez-faire, which is a government policy that allows the marketplace to operate unhindered with a minimum of government interference, must be present for true capitalism.
 
  a. true
  b. false



adf223

  • Sr. Member
  • ****
  • Posts: 304
Answer to Question 1

a

Answer to Question 2

a



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
 

Did you know?

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

Did you know?

Most fungi that pathogenically affect humans live in soil. If a person is not healthy, has an open wound, or is immunocompromised, a fungal infection can be very aggressive.

Did you know?

The most dangerous mercury compound, dimethyl mercury, is so toxic that even a few microliters spilled on the skin can cause death. Mercury has been shown to accumulate in higher amounts in the following types of fish than other types: swordfish, shark, mackerel, tilefish, crab, and tuna.

Did you know?

Acetaminophen (Tylenol) in overdose can seriously damage the liver. It should never be taken by people who use alcohol heavily; it can result in severe liver damage and even a condition requiring a liver transplant.

Did you know?

About 60% of newborn infants in the United States are jaundiced; that is, they look yellow. Kernicterus is a form of brain damage caused by excessive jaundice. When babies begin to be affected by excessive jaundice and begin to have brain damage, they become excessively lethargic.

For a complete list of videos, visit our video library