Which is characteristic of capitalism?
A) Social welfare assistance programs
B) Economic motivation through concern for others
C) Determination of prices and wages through supply and demand
D) Government intervention in the economy
Correct Answer:
Verified
Q7: Capitalism focuses on
A)the collective good.
B)individual ownership and
Q8: The _ perspective analyzes the relationship between
Q9: The organization currently overseeing the multilateral trading
Q10: An interconnected network of economic activity extending
Q11: Free trade agreements include the goal of
A)increasing
Q13: The structural-functionalist perspective argues the economic institution
A)creates
Q14: Transnational corporations contribute to
A)the trade deficit.
B)balancing the
Q15: Critics of capitalism argue that it creates
A)too
Q16: _ is an economic system in which
Q17: The _ refers to the structure and
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