A business system, a market system, and an economic system are
a. An alternative account of human motivation, stating that people can be
motivated to advance others' welfare without any reference to their own selfregarding desires
b. an entire network of economic and political institutions that surround
exchange, though there is no universally accepted way to describe any given
system .
c. specific market exchanges that are prohibited by law or custom.
d. an unwilling exchange or transfer
Question 2
Ownership is
a. can refer to special kinds of things : owned things, both tangible and
intangibleland, clothes, ideas, and relationships: relationships among people
with respect to things
b. refer to the ways that people relate to each other with respect to things.
c. a good example of a social concept that refers to a cluster of common
properties
d. exclusive rights granted by governments to an inventor that creates duties
on others not to use or make a profit from a patented invention, without the
inventor's permission
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