Author Question: Competition is the mechanism that keeps individual profit seeking in check under pure capitalism. ... (Read 42 times)

faduma

  • Hero Member
  • *****
  • Posts: 528
Competition is the mechanism that keeps individual profit seeking in check under pure capitalism.
 
  a. true
  b. false

Question 2

Laissez-faire, which is a government policy that allows the marketplace to operate unhindered with a minimum of government interference, must be present for true capitalism.
 
  a. true
  b. false



adf223

  • Sr. Member
  • ****
  • Posts: 304
Answer to Question 1

a

Answer to Question 2

a



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
 

Did you know?

Lower drug doses for elderly patients should be used first, with titrations of the dose as tolerated to prevent unwanted drug-related pharmacodynamic effects.

Did you know?

Street names for barbiturates include reds, red devils, yellow jackets, blue heavens, Christmas trees, and rainbows. They are commonly referred to as downers.

Did you know?

For about 100 years, scientists thought that peptic ulcers were caused by stress, spicy food, and alcohol. Later, researchers added stomach acid to the list of causes and began treating ulcers with antacids. Now it is known that peptic ulcers are predominantly caused by Helicobacter pylori, a spiral-shaped bacterium that normally exist in the stomach.

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?

Computer programs are available that crosscheck a new drug's possible trade name with all other trade names currently available. These programs detect dangerous similarities between names and alert the manufacturer of the drug.

For a complete list of videos, visit our video library