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Author Question: Which of the following statements about capitalism is false? a. Capitalism is based on the right ... (Read 31 times)

Tirant22

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on: Jul 2, 2018
Which of the following statements about capitalism is false?
 
  a. Capitalism is based on the right of individuals to own property and to buy people's labor.
  b. The primary motivation of capitalism is supposed to be the collective good of all citizens.
  c. Capitalism is based on the belief that people should be able to maximize their individual gain through personal profit.
  d. Capitalism is based on a lack of government intervention in the marketplace.

Question 2

Countries such as Japan, Singapore, Saudi Arabia, Sweden, Great Britain, and France have
 
  a. mixed economies.
  b. capitalist economies.
  c. socialist economies.
  d. communist economies.


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brbarasa

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Reply #1 on: Jul 2, 2018
Answer to Question 1

Answer: b. The primary motivation of capitalism is supposed to be the collective good of all citizens.

Answer to Question 2

Answer: a. mixed economies


Tirant22

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Reply 2 on: Jul 2, 2018
Thanks for the timely response, appreciate it

essyface1

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Reply 3 on: Yesterday
Excellent

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