Author Question: Many rural peasants a. have become completely dependent on the market for their survival. b. are ... (Read 87 times)

mp14

  • Hero Member
  • *****
  • Posts: 534
Many rural peasants
 
  a. have become completely dependent on the market for their survival.
  b. are completely self-sufficient in terms of the products necessary for survival.
  c. sell their products or labor to earn money for some household purchases.
  d. are completely dependent on the state for their support.

Question 2

Which of these is NOT one of the market principles around which a market economy is organized?
 
  a. Almost all privately owned goods and services are bought and sold.
  b. Most people make their living selling their labor or goods on the market.
  c. Supply and demand determine the allocation of the factors of production.
  d. Prices and trading practices are closely regulated by the government.



wtf444

  • Sr. Member
  • ****
  • Posts: 314
Answer to Question 1

c

Answer to Question 2

d



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
 

Did you know?

About 100 new prescription or over-the-counter drugs come into the U.S. market every year.

Did you know?

Hip fractures are the most serious consequences of osteoporosis. The incidence of hip fractures increases with each decade among patients in their 60s to patients in their 90s for both women and men of all populations. Men and women older than 80 years of age show the highest incidence of hip fractures.

Did you know?

Since 1988, the CDC has reported a 99% reduction in bacterial meningitis caused by Haemophilus influenzae, due to the introduction of the vaccine against it.

Did you know?

Bacteria have been found alive in a lake buried one half mile under ice in Antarctica.

Did you know?

Inotropic therapy does not have a role in the treatment of most heart failure patients. These drugs can make patients feel and function better but usually do not lengthen the predicted length of their lives.

For a complete list of videos, visit our video library