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Author Question: Which of the following is the difference between a capitalist economy and a socialist economy? a. ... (Read 70 times)

EAugust

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on: Jul 2, 2018
Which of the following is the difference between a capitalist economy and a socialist economy?
 
  a. A capitalist economy is characterized by production based on economic demand, whereas a socialist economy is characterized by production based on human demand.
  b. A pure capitalist economy is very rare, whereas a pure socialist economy is followed in most of the countries today.
  c. A capitalist economy is primarily motivated to achieve collective goals, whereas a socialist economy is motivated to make higher profits.
  d. A capitalist economy allows greater government intervention in deciding on economic activities, whereas a socialist economy restricts government intervention in such activities.

Question 2

According to Lee, there is a strong tendency in the United States to see Asian Americans as
 
  a. indistinguishable as individuals.
  b. aggressive revolutionaries.
  c. highly religious and intellectual.
  d. whites.


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mmpiza

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Reply #1 on: Jul 2, 2018
Answer to Question 1

Answer: a

Answer to Question 2

a


EAugust

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Reply 2 on: Jul 2, 2018
Thanks for the timely response, appreciate it

sultansheikh

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Reply 3 on: Yesterday
Great answer, keep it coming :)

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