
M: Business 3rd Edition by O. C. Ferrell, Geoffrey Hirt, Linda Ferrell
Edition 3ISBN: 0073524581
M: Business 3rd Edition by O. C. Ferrell, Geoffrey Hirt, Linda Ferrell
Edition 3ISBN: 0073524581 Exercise 98
The American economic system is best described as _____________________ because the government regulates business to preserve competition and protect consumers and employees.
A. socialism
B. laissez-faire capitalism
C. modified capitalism
D. communism
E. business ownership
Explanation
A. socialism B. laissez-faire capitalism ...
M: Business 3rd Edition by O. C. Ferrell, Geoffrey Hirt, Linda Ferrell
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