Which of the following is a characteristic of capitalism?
A) government ownership of all capital
B) government decision-making is preferred to decentralized decision-making
C) market determination of prices and quantity
D) equality of income
Correct Answer:
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Q32: The economic system characterized by private ownership
Q33: Under socialism, factories, farms, mines, and natural
Q34: Karl Marx published:
A) Das Kapital .
B) General
Q35: Which of the following statements is true
Q36: Which of the following is a characteristic
Q38: Which of the following is a common
Q39: What is the difference between socialism and
Q40: Which of the following is not a
Q41: Which of the following is not a
Q42: The process of turning a government enterprise
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