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Author Question: Adam Smith's idea was that, in a capitalist system, government tells businesses what to produce and ... (Read 51 times)

sarasara

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Adam Smith's idea was that, in a capitalist system, government tells businesses what to produce and government also tells consumers what to buy.
 
  Indicate whether the statement is true or false.

Question 2

Combining a market-based economy with an extensive social welfare program yields what is called welfare capitalism.
 
  Indicate whether the statement is true or false.



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miss_1456@hotmail.com

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Answer to Question 1

Answer: False

Answer to Question 2

Answer: True




sarasara

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Reply 2 on: Jul 2, 2018
Great answer, keep it coming :)


ricroger

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Reply 3 on: Yesterday
:D TYSM

 

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