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Author Question: In capitalism, the production of goods is based on ________. a. government orders b. power ... (Read 23 times)

HCHenry

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on: Jul 2, 2018
In capitalism, the production of goods is based on ________.
 
  a. government orders
  b. power concentration
  c. economic demand
  d. collective goals

Question 2

Which of the following is true of a socialist economy?
 
  a. Goods and services are provided if people can afford to purchase them.
  b. The primary motivation for economic activity is to achieve profits.
  c. Decisions on what to produce and how to distribute products are made only by private owners.
  d. The primary motivation for economic activity is to achieve collective goals.


zhanghao

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

Answer: c

Answer to Question 2

Answer: d


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