In a socialist economy,
a. the right of individuals to own productive property is unlimited.
b. the emphasis on self-interest is an efficient motivation for both production and pricing.
c. there is a collective orientation, teaching people to be motivated by serving the common good.
d. the means of production are privately owned.
Question 2
One of the reasons that the government tends to be pro-business is because government officials are more likely to __________.
A) support socialism as an economic ideology
B) hear arguments and receive contributions from the poor
C) hear arguments and receive contributions from the powerful
D) support a liberal political ideology
Self-sealing property
Identifying Individuals
In 2008, the U.S. economy suffered a gaping wound as several trillion dollars were ripped out of it.
North America and the Global Economy
Migration and Global Economy
A Tough Economy ...for students