Author Question: Decisions made in a system primarily based on markets a. Private companies make the main ... (Read 161 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?

Elderly adults are at greatest risk of stroke and myocardial infarction and have the most to gain from prophylaxis. Patients ages 60 to 80 years with blood pressures above 160/90 mm Hg should benefit from antihypertensive treatment.

Did you know?

The first-known contraceptive was crocodile dung, used in Egypt in 2000 BC. Condoms were also reportedly used, made of animal bladders or intestines.

Did you know?

Prostaglandins were first isolated from human semen in Sweden in the 1930s. They were so named because the researcher thought that they came from the prostate gland. In fact, prostaglandins exist and are synthesized in almost every cell of the body.

Did you know?

Nitroglycerin is used to alleviate various heart-related conditions, and it is also the chief component of dynamite (but mixed in a solid clay base to stabilize it).

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.

For a complete list of videos, visit our video library