Author Question: Which of the following is an accurate statement? a. Adam Smith defends capitalism by appealing to ... (Read 54 times)

Kthamas · **on:** Jun 19, 2018

Which of the following is an accurate statement?

a. Adam Smith defends capitalism by appealing to the idea of a natural, moral right to property.
b. Adam Smith denies that human beings are, by nature, acquisitive creatures.
c. A common defense of capitalism is the argument that people have a fundamental moral right to property and
that our capitalist system is simply the outcome of this natural right.
d. Utilitarians oppose capitalism in principle.

Question 2

A basic tenet of capitalism is that

a. property refers only to physical objects.
b. ownership is a simple relationship between a person and the thing owned.
c. capitalism requires private ownership of the major means of production.
d. in the 21st century, capitalism no longer requires capital