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

Author Question: Identify a characteristic of capitalism. A) Property belongs to the state rather than ... (Read 166 times)

abarnes

  • Hero Member
  • *****
  • Posts: 556
on: Jul 1, 2018
Identify a characteristic of capitalism.
 
  A) Property belongs to the state rather than individuals.
  B) The state decides what goods and services should be produced.
  C) It results in a free market that encourages competition.
  D) By investing profits, capitalists can increase their own wealth.
  E) In capitalism, the means of production belong to the community.

Question 2

Capitalism is an economic system in which:
 
  A) property belongs to the state rather than individuals.
  B) the state decides what goods and services should be produced.
  C) competition among the owners of production is discouraged.
  D) selling something for more than it costs to produce is forbidden and the government monitors the business transactions among companies.
  E) owners of production compete in setting prices that offer consumers the greatest value in price and quality.


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

katheyjon

  • Sr. Member
  • ****
  • Posts: 331
Reply #1 on: Jul 1, 2018
Answer to Question 1

D

Answer to Question 2

E


abarnes

  • Member
  • Posts: 556
Reply 2 on: Jul 1, 2018
:D TYSM

mcabuhat

  • Member
  • Posts: 344
Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

« previous next »
 

Did you know?

The eye muscles are the most active muscles in the whole body. The external muscles that move the eyes are the strongest muscles in the human body for the job they have to do. They are 100 times more powerful than they need to be.

Did you know?

Automated pill dispensing systems have alarms to alert patients when the correct dosing time has arrived. Most systems work with many varieties of medications, so patients who are taking a variety of drugs can still be in control of their dose regimen.

Did you know?

There can actually be a 25-hour time difference between certain locations in the world. The International Date Line passes between the islands of Samoa and American Samoa. It is not a straight line, but "zig-zags" around various island chains. Therefore, Samoa and nearby islands have one date, while American Samoa and nearby islands are one day behind. Daylight saving time is used in some islands, but not in others—further shifting the hours out of sync with natural time.

Did you know?

The first oral chemotherapy drug for colon cancer was approved by FDA in 2001.

Did you know?

Fewer than 10% of babies are born on their exact due dates, 50% are born within 1 week of the due date, and 90% are born within 2 weeks of the date.

Flower part number is a characteristic difference between monocots and eudicots Flower part number is a characteristic difference between monocots and eudicots
The Sleep/Waking Flip-Flop According to Saper et al. (2001), the major sleep-promoting region (the v The Sleep/Waking Flip-Flop According to Saper et al. (2001), the major sleep-promoting region (the v
Maps are important tools in political science as they help us see relationships between politics and Maps are important tools in political science as they help us see relationships between politics and
Effect of an Increase in R&D in the Follower Country on the Steady State Effect of an Increase in R&D in the Follower Country on the Steady State
Testing client’s ability to identify sharp sensations Testing client’s ability to identify sharp sensations
Red Spotted Newt (Notophthalmus v. viridescens), New Hampshire state animal. Red Spotted Newt (Notophthalmus v. viridescens), New Hampshire state animal.
Video: Endocytosis - pinocytosis, receptor mediated and Transcytosis

For a complete list of videos, visit our video library