On the whole, the private enterprise economy organizes itself with a minimum of centralized planning or direction. The American system relies chiefly on private individuals, in search of
A) cheap goods to keep the economy moving.
B) better jobs to keep America economically sound.
C) wages and profits to get the job done.
D) the American dream to get the job done.
Correct Answer:
Verified
Q5: Social Security and Medicare are the two
Q6: The labor market largely determines where people
Q7: Inside directors of corporations, who are also
Q8: A market is any place or arrangement
Q9: The Reagan administration of 1981 was successful
Q11: Adam Smith's theories are called both laissez-faire
Q12: Consumer demand, product supply, and competition determine
Q13: Markets implement decisions through involuntary exchange.
Q14: Most federal revenues come from the taxes
Q15: Trade slows down the flow of ideas
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