Author Question: Decisions made in a system primarily based on markets a. Private companies make the main ... (Read 151 times)

c0205847

  • Hero Member
  • *****
  • Posts: 531
Decisions made in a system primarily based on markets
 
  a. Private companies make the main decisions about what they will produce andwho will get it.
 b. Land and factories are owned and managed by private individuals.
  c. People are motivated to work primarily by the desire to get paid for voluntarilysupplyin g the things others are willing to pay for.
 d. All of the above.
  e. None of the above.

Question 2

Barter preceded monetary commerce.
 
  Indicate whether the statement is true or false



ambernicolefink

  • Sr. Member
  • ****
  • Posts: 359
Answer to Question 1

D

Answer to Question 2

True



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
 

Did you know?

Cutaneous mucormycosis is a rare fungal infection that has been fatal in at least 29% of cases, and in as many as 83% of cases, depending on the patient's health prior to infection. It has occurred often after natural disasters such as tornados, and early treatment is essential.

Did you know?

Eating food that has been cooked with poppy seeds may cause you to fail a drug screening test, because the seeds contain enough opiate alkaloids to register as a positive.

Did you know?

It is difficult to obtain enough calcium without consuming milk or other dairy foods.

Did you know?

According to research, pregnant women tend to eat more if carrying a baby boy. Male fetuses may secrete a chemical that stimulates their mothers to step up her energy intake.

Did you know?

Amphetamine poisoning can cause intravascular coagulation, circulatory collapse, rhabdomyolysis, ischemic colitis, acute psychosis, hyperthermia, respiratory distress syndrome, and pericarditis.

For a complete list of videos, visit our video library