Author Question: Decisions made in a system primarily based on markets a. Private companies make the main ... (Read 158 times)

c0205847

  • Hero Member
  • *****
  • Posts: 531
Decisions made in a system primarily based on markets
 
  a. Private companies make the main decisions about what they will produce andwho will get it.
 b. Land and factories are owned and managed by private individuals.
  c. People are motivated to work primarily by the desire to get paid for voluntarilysupplyin g the things others are willing to pay for.
 d. All of the above.
  e. None of the above.

Question 2

Barter preceded monetary commerce.
 
  Indicate whether the statement is true or false



ambernicolefink

  • Sr. Member
  • ****
  • Posts: 359
Answer to Question 1

D

Answer to Question 2

True



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
 

Did you know?

Women are 50% to 75% more likely than men to experience an adverse drug reaction.

Did you know?

Cocaine was isolated in 1860 and first used as a local anesthetic in 1884. Its first clinical use was by Sigmund Freud to wean a patient from morphine addiction. The fictional character Sherlock Holmes was supposed to be addicted to cocaine by injection.

Did you know?

For about 100 years, scientists thought that peptic ulcers were caused by stress, spicy food, and alcohol. Later, researchers added stomach acid to the list of causes and began treating ulcers with antacids. Now it is known that peptic ulcers are predominantly caused by Helicobacter pylori, a spiral-shaped bacterium that normally exist in the stomach.

Did you know?

There are more bacteria in your mouth than there are people in the world.

Did you know?

As the western states of America were settled, pioneers often had to drink rancid water from ponds and other sources. This often resulted in chronic diarrhea, causing many cases of dehydration and death that could have been avoided if clean water had been available.

For a complete list of videos, visit our video library