This topic contains a solution. Click here to go to the answer

Author Question: A capitalist economy is driven by the consumption of commodities, therefore, the greater the ... (Read 36 times)

Redwolflake15

  • Hero Member
  • *****
  • Posts: 569
A capitalist economy is driven by the consumption of commodities, therefore, the greater the population, the greater the demand will be for goods and services, resulting in higher economic development.
 
  Indicate whether this statement is true or false.

Question 2

For the market to operate as Adam Smith proposed, the following conditions must exist: __________.
 
  a) the ability of people to exert demand, competition between those supplying goods and services, and access to information regarding goods and services
  b) remarkable sales skills by a superior sales staff
  c) creative marketing, packaging, and the ability to project need
  d) forceful marketing, along with creative sales ability



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

ghepp

  • Sr. Member
  • ****
  • Posts: 361
Answer to Question 1

TRUE

Answer to Question 2

D




Redwolflake15

  • Member
  • Posts: 569
Reply 2 on: Sep 4, 2018
Great answer, keep it coming :)


bigsis44

  • Member
  • Posts: 317
Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

 

Did you know?

Complications of influenza include: bacterial pneumonia, ear and sinus infections, dehydration, and worsening of chronic conditions such as asthma, congestive heart failure, or diabetes.

Did you know?

There are actually 60 minerals, 16 vitamins, 12 essential amino acids, and three essential fatty acids that your body needs every day.

Did you know?

One way to reduce acid reflux is to lose two or three pounds. Most people lose weight in the belly area first when they increase exercise, meaning that heartburn can be reduced quickly by this method.

Did you know?

If you could remove all of your skin, it would weigh up to 5 pounds.

Did you know?

Autoimmune diseases occur when the immune system destroys its own healthy tissues. When this occurs, white blood cells cannot distinguish between pathogens and normal cells.

For a complete list of videos, visit our video library