This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: Socialism is __________. a. an economic system based on private property and market exchange b. ... (Read 90 times)

jilianpiloj

  • Hero Member
  • *****
  • Posts: 521
on: Jul 2, 2018
Socialism is __________.
 
  a. an economic system based on private property and market exchange
  b. an economic system where the government owns property and controls production
  c. an economic system organized without private property and based on the principle that individuals should be able to consume societal resources based on their needs, not their ability
  d. an economic system where buyers, sellers, and producers engage in the exchange of commodities and services

Question 2

Ben was a bank teller at Goliath National Bank, until the tellers at Goliath were replaced by ATM machines. As a result, Ben decided to go back to school and update his computer skills. Ben's scenario best represents a consequence of __________.
 
  a. the talent justification
  b. the efficiency justification
  c. skill-biased technological change
  d. globalization


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

Cheesycrackers

  • Sr. Member
  • ****
  • Posts: 333
Reply #1 on: Jul 2, 2018
Answer to Question 1

b

Answer to Question 2

c


jilianpiloj

  • Member
  • Posts: 521
Reply 2 on: Jul 2, 2018
YES! Correct, THANKS for helping me on my review

adammoses97

  • Member
  • Posts: 337
Reply 3 on: Yesterday
:D TYSM

« previous next »
 

Did you know?

Of the estimated 2 million heroin users in the United States, 600,000–800,000 are considered hardcore addicts. Heroin addiction is considered to be one of the hardest addictions to recover from.

Did you know?

In 2010, opiate painkllers, such as morphine, OxyContin®, and Vicodin®, were tied to almost 60% of drug overdose deaths.

Did you know?

Addicts to opiates often avoid treatment because they are afraid of withdrawal. Though unpleasant, with proper management, withdrawal is rarely fatal and passes relatively quickly.

Did you know?

In 1864, the first barbiturate (barbituric acid) was synthesized.

Did you know?

Asthma attacks and symptoms usually get started by specific triggers (such as viruses, allergies, gases, and air particles). You should talk to your doctor about these triggers and find ways to avoid or get rid of them.

Human Visual System Human Visual System
Likelihood of Developing Type 2 Diabetes Mellitus Based on BMI Likelihood of Developing Type 2 Diabetes Mellitus Based on BMI
Early cities were small economic centers surrounded by walls to keep out enemies. These cities had ... Early cities were small economic centers surrounded by walls to keep out enemies. These cities had ...
(a) Blue arrows (right side): External components of the innate immune system: human body with skin, ... (a) Blue arrows (right side): External components of the innate immune system: human body with skin, ...
Drawing of spirochete's mobility system (with internal flagellae). Drawing of spirochete's mobility system (with internal flagellae).
economic question economic question
Video: Dietary Cholesterol & LDL

For a complete list of videos, visit our video library