Which of the following would not be emphasized in a capitalist economy?
A) Private ownership of capital and other resources
B) Competition and decentralized decisions
C) Reliance on market forces to coordinate economic activity
D) Prevention of owners of capital from exposing this resource to risk
Correct Answer:
Verified
Q4: The economies of North Korea and Cuba
Q5: The market system is an economic system
Q6: Economic systems differ from one another based
Q7: In a command system:
A) Self-interest motivates and
Q9: Competition is more likely to exist when:
A)
Q10: By freedom of enterprise, we mean that
Q11: Consumers express self-interest when they:
A) Seek the
Q12: The government may impose industrial safety regulations
Q13: Which of the following statements is correct?
A)
Q163: Which of the following statements about self-interest
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