A basic tenet of capitalism is that
A) property refers only to physical objects.
B) ownership is a simple relationship between a person and the thing owned.
C) capitalism requires private ownership of the major means of production.
D) in the 21st century, capitalism no longer requires capital.
Correct Answer:
Verified
Q3: Which statement best describes capitalism?
A) Capitalism is
Q4: An exclusive focus on short-term performance
A) is
Q6: One reason for believing that in practice
Q8: Evidence for the idea that American manufacturing
Q10: The profit motive
A) is a fundamental feature
Q11: Capitalism operates on the debatable assumption that
Q12: Which of the following historical stages of
Q13: In contrast to traditional manufacturers, many companies
Q16: A basic premise of Adam Smith's is
A)
Q19: Which statement creates the best picture of
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