Author Question: The general set of rights to own private property and exchange goods, services, and financial assets ... (Read 49 times)

vHAUNG6011

  • Hero Member
  • *****
  • Posts: 514
The general set of rights to own private property and exchange goods, services, and financial assets with minimal government interference is defined as
 
  A) capitalism.
  B) market socialism.
  C) economic freedom.
  D) economic privilege.

Question 2

Oligopoly is a situation when there
 
  A) is one firm in the industry that is fairly large.
  B) are a few large firms in the industry.
  C) are too many firms in the industry and there is excess capacity.
  D) is one giant firm and many smaller firms forming a competitive fringe.



joneynes

  • Sr. Member
  • ****
  • Posts: 376
Answer to Question 1

C

Answer to Question 2

B



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
 

Did you know?

During pregnancy, a woman is more likely to experience bleeding gums and nosebleeds caused by hormonal changes that increase blood flow to the mouth and nose.

Did you know?

Though “Krazy Glue” or “Super Glue” has the ability to seal small wounds, it is not recommended for this purpose since it contains many substances that should not enter the body through the skin, and may be harmful.

Did you know?

Tobacco depletes the body of vitamins A, C, and E, which can result in any of the following: dry hair, dry skin, dry eyes, poor growth, night blindness, abscesses, insomnia, fatigue, reproductive system problems, sinusitis, pneumonia, frequent respiratory problems, skin disorders, weight loss, rickets, osteomalacia, nervousness, muscle spasms, leg cramps, extremity numbness, bone malformations, decayed teeth, difficulty in walking, irritability, restlessness, profuse sweating, increased uric acid (gout), joint damage, damaged red blood cells, destruction of nerves, infertility, miscarriage, and many types of cancer.

Did you know?

Certain chemicals, after ingestion, can be converted by the body into cyanide. Most of these chemicals have been removed from the market, but some old nail polish remover, solvents, and plastics manufacturing solutions can contain these substances.

Did you know?

More than 20 million Americans cite use of marijuana within the past 30 days, according to the National Survey on Drug Use and Health (NSDUH). More than 8 million admit to using it almost every day.

For a complete list of videos, visit our video library