This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: Identify a characteristic of capitalism. A) Property belongs to the state rather than ... (Read 128 times)

abarnes

  • Hero Member
  • *****
  • Posts: 556
on: Jul 1, 2018
Identify a characteristic of capitalism.
 
  A) Property belongs to the state rather than individuals.
  B) The state decides what goods and services should be produced.
  C) It results in a free market that encourages competition.
  D) By investing profits, capitalists can increase their own wealth.
  E) In capitalism, the means of production belong to the community.

Question 2

Capitalism is an economic system in which:
 
  A) property belongs to the state rather than individuals.
  B) the state decides what goods and services should be produced.
  C) competition among the owners of production is discouraged.
  D) selling something for more than it costs to produce is forbidden and the government monitors the business transactions among companies.
  E) owners of production compete in setting prices that offer consumers the greatest value in price and quality.


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

katheyjon

  • Sr. Member
  • ****
  • Posts: 331
Reply #1 on: Jul 1, 2018
Answer to Question 1

D

Answer to Question 2

E


abarnes

  • Member
  • Posts: 556
Reply 2 on: Jul 1, 2018
Excellent

hollysheppard095

  • Member
  • Posts: 339
Reply 3 on: Yesterday
Wow, this really help

« previous next »
 

Did you know?

It is widely believed that giving a daily oral dose of aspirin to heart attack patients improves their chances of survival because the aspirin blocks the formation of new blood clots.

Did you know?

Drug-induced pharmacodynamic effects manifested in older adults include drug-induced renal toxicity, which can be a major factor when these adults are experiencing other kidney problems.

Did you know?

As many as 28% of hospitalized patients requiring mechanical ventilators to help them breathe (for more than 48 hours) will develop ventilator-associated pneumonia. Current therapy involves intravenous antibiotics, but new antibiotics that can be inhaled (and more directly treat the infection) are being developed.

Did you know?

People with alcoholism are at a much greater risk of malnutrition than are other people and usually exhibit low levels of most vitamins (especially folic acid). This is because alcohol often takes the place of 50% of their daily intake of calories, with little nutritional value contained in it.

Did you know?

The ratio of hydrogen atoms to oxygen in water (H2O) is 2:1.

An adult male killer whale with its characteristic tall dorsal fin swims in the waters near Tysfjord An adult male killer whale with its characteristic tall dorsal fin swims in the waters near Tysfjord
Hartmann's mountain zebra resting, showing its characteristic essentially unbarred belly Hartmann's mountain zebra resting, showing its characteristic essentially unbarred belly
Collapse of State Trooper Cave’s Roof Collapse of State Trooper Cave’s Roof
During the Pullman strike in Chicago, workers protesting wage cuts did $340,000 in property damage, During the Pullman strike in Chicago, workers protesting wage cuts did $340,000 in property damage,
Enthalpic stabilization of the transition state in an enzyme-catalyzed reaction Enthalpic stabilization of the transition state in an enzyme-catalyzed reaction
Conversion of F+ to an Hfr state occurs by integration of the F factor Conversion of F+ to an Hfr state occurs by integration of the F factor
Video: Types of Shock (Part 2 of 2)

For a complete list of videos, visit our video library