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

Author Question: Ben wants to open a business in a country that allows him to own property privately, make a personal ... (Read 22 times)

khang

  • Hero Member
  • *****
  • Posts: 569
on: Jul 2, 2018
Ben wants to open a business in a country that allows him to own property privately, make a personal profit, and compete openly against other firms. In general he prefers that the government stay out of his business. He would like to open his business in a __________ system.
 
  A) socialist
  B) capitalist
  C) communist
  D) democratic

Question 2

When an economic system is based on ownership of the means of production by the people for their collective benefit it is classified as a __________ system.
 
  A) capitalist
  B) socialist
  C) democratic socialist
  D) corporatist


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

Heffejeff

  • Sr. Member
  • ****
  • Posts: 336
Reply #1 on: Jul 2, 2018
Answer to Question 1

Answer: B

Answer to Question 2

Answer: B


khang

  • Member
  • Posts: 569
Reply 2 on: Jul 2, 2018
Thanks for the timely response, appreciate it

abro1885

  • Member
  • Posts: 337
Reply 3 on: Yesterday
Great answer, keep it coming :)

« previous next »
 

Did you know?

Green tea is able to stop the scent of garlic or onion from causing bad breath.

Did you know?

Adults are resistant to the bacterium that causes Botulism. These bacteria thrive in honey – therefore, honey should never be given to infants since their immune systems are not yet resistant.

Did you know?

Opium has influenced much of the world's most popular literature. The following authors were all opium users, of varying degrees: Lewis Carroll, Charles, Dickens, Arthur Conan Doyle, and Oscar Wilde.

Did you know?

Vaccines prevent between 2.5 and 4 million deaths every year.

Did you know?

Although puberty usually occurs in the early teenage years, the world's youngest parents were two Chinese children who had their first baby when they were 8 and 9 years of age.

Three Sushi Does Not Make an EggRoll Three Sushi Does Not Make an EggRoll
Capuchins use stones to crack open palm nuts in much the same way that chimpanzees in some populatio Capuchins use stones to crack open palm nuts in much the same way that chimpanzees in some populatio
In 1891 William Dean Howells championed the poetry of Emily Dickinson: “This poetry is as characteri In 1891 William Dean Howells championed the poetry of Emily Dickinson: “This poetry is as characteri
A typical open-end wrench. Note the size difference on each end and that the head is angled 15 ... A typical open-end wrench. Note the size difference on each end and that the head is angled 15 ...
The air pressure going to the nozzle should be reduced to 30 psi or less to help prevent personal ... The air pressure going to the nozzle should be reduced to 30 psi or less to help prevent personal ...
The price of rice in a small country is currently $6 per pound. In order to help low-income ... The price of rice in a small country is currently $6 per pound. In order to help low-income ...
Video: Dendrite Animation

For a complete list of videos, visit our video library