The economic system characterized by private ownership of resources and by markets is :
A) capitalism.
B) communism.
C) fascism.
D) socialism.
Correct Answer:
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Q21: Which of the following is a correct
Q24: Describe the differences between capitalism and socialism.
Q28: Which of the following applies to a
Q29: Which of the following is a characteristic
Q30: Socialism is an economic system characterized by:
A)
Q33: Under socialism, factories, farms, mines, and natural
Q36: Which of the following is a characteristic
Q37: Which of the following is a characteristic
Q39: What is the difference between socialism and
Q40: Which of the following is not a
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