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

Author Question: Adam Smith's idea was that, in a capitalist system, government tells businesses what to produce and ... (Read 109 times)

sarasara

  • Hero Member
  • *****
  • Posts: 521
on: Jul 2, 2018
Adam Smith's idea was that, in a capitalist system, government tells businesses what to produce and government also tells consumers what to buy.
 
  Indicate whether the statement is true or false.

Question 2

Combining a market-based economy with an extensive social welfare program yields what is called welfare capitalism.
 
  Indicate whether the statement is true or false.


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

miss_1456@hotmail.com

  • Sr. Member
  • ****
  • Posts: 289
Reply #1 on: Jul 2, 2018
Answer to Question 1

Answer: False

Answer to Question 2

Answer: True


sarasara

  • Member
  • Posts: 521
Reply 2 on: Jul 2, 2018
YES! Correct, THANKS for helping me on my review

CAPTAINAMERICA

  • Member
  • Posts: 325
Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

« previous next »
 

Did you know?

Blastomycosis is often misdiagnosed, resulting in tragic outcomes. It is caused by a fungus living in moist soil, in wooded areas of the United States and Canada. If inhaled, the fungus can cause mild breathing problems that may worsen and cause serious illness and even death.

Did you know?

According to the National Institute of Environmental Health Sciences, lung disease is the third leading killer in the United States, responsible for one in seven deaths. It is the leading cause of death among infants under the age of one year.

Did you know?

The average human gut is home to perhaps 500 to 1,000 different species of bacteria.

Did you know?

According to the FDA, adverse drug events harmed or killed approximately 1,200,000 people in the United States in the year 2015.

Did you know?

After a vasectomy, it takes about 12 ejaculations to clear out sperm that were already beyond the blocked area.

The female reproductive system. (a) Sagittal section through the pelvis. (b) Top view of pelvic orga The female reproductive system. (a) Sagittal section through the pelvis. (b) Top view of pelvic orga
Metric System: Measure of Weight and Volume Metric System: Measure of Weight and Volume
The Male Reproductive System The Male Reproductive System
System of Equations System of Equations
Renin-angiotensin-aldosterone system. Renin-angiotensin-aldosterone system.
Respiratory system of a bird. Respiratory system of a bird.
Video: Structures that affect circulation - arterioles and vasomotor responses

For a complete list of videos, visit our video library