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Author Question: When an economic system is based on private ownership of property and guided by the seeking of ... (Read 77 times)

altibaby

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on: Jul 2, 2018
When an economic system is based on private ownership of property and guided by the seeking of maximum profits it is classified as a __________ system.
 
  A) capitalist
  B) socialist
  C) democratic socialist
  D) corporatist

Question 2

Discuss the pros and cons of the legalization of drugs. Do you support this move? Why or why not?
 
  What will be an ideal response?


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ebe

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

Answer: A

Answer to Question 2

Ideal Answer: The ideal answer should include:
1. Outline the pros of regulation.
2. Outline the cons of regulation.
3. Discuss the role of taxation and licensing.
4. Explain why you do or do not support this position.


altibaby

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

kthug

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

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