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 2A 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
Smith and Snell’s Five Religious Categories
Adrian Smith, Skidmore, Owings & Merrill, Burj Khalifa, Dubai, United Arab Emirates.
Example of a patient statement.
A typical bank statement.
Comparing Capitalism and Socialism