Author Question: A capitalist economy is driven by the consumption of commodities, therefore, the greater the ... (Read 32 times)

Redwolflake15 · **on:** Sep 4, 2018

A capitalist economy is driven by the consumption of commodities, therefore, the greater the population, the greater the demand will be for goods and services, resulting in higher economic development.

Indicate whether this statement is true or false.

Question 2

For the market to operate as Adam Smith proposed, the following conditions must exist: __________.

a) the ability of people to exert demand, competition between those supplying goods and services, and access to information regarding goods and services
b) remarkable sales skills by a superior sales staff
c) creative marketing, packaging, and the ability to project need
d) forceful marketing, along with creative sales ability