According to Scottish economist Adam Smith, Macionis, Social Problems, 7/e
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A) the pursuit of self-interest has widespread benefits from producing the greatest good for the greatest number of people.
B) the selfish effort that characterizes capitalism results in higher prices and increased inequality.
C) capitalism is most productive when it is managed by government.
D) equality in power and wealth result from an economy operating according to supply and demand.
Correct Answer:
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Q2: In the United States, about what percentage
Q3: In Western European nations, including Italy, France,
Q4: According to Karl Marx,
A)capitalism's private ownership of
Q5: The formal organization that directs the political
Q6: Which of the following statements about socialism
Q8: What is the social institution that guides
Q9: In which type of political system does
Q10: Which type of economic system places natural
Q11: Which of the following countries is currently
Q12: Which type of economic system has government
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