Which of the following is not a characteristic of pure capitalism?
A) Government ownership of capital
B) Private ownership of land
C) Freedom of enterprise
D) Worker freedom
Correct Answer:
Verified
Q3: Businesses produce goods and services and sell
Q6: The L3C type of corporation, sometimes called
Q7: Households supply factors of production to business
Q7: Private property rights:
A) are essential elements of
Q8: In a market economy:
A) government owns the
Q11: When there are market externalities, the market
Q13: McDonald's Corporation lost a battle to keep
Q14: Feudalism and mercantilism relied on markets to
Q18: Limited liability is a key advantage of
Q19: Private property rights are essential to market
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents