For the past 200 years, economic decision making in the United States has been entirely dependent on custom or tradition.
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Q8: In the last stage of industrialization, most
Q9: Professions are unskilled occupations requiring specialized, theoretical
Q10: The corporation is an enterprise organized for
Q11: One of the problems of the corporation
Q12: Trade unions are growing in influence as
Q14: Entrepreneurship, together with labor, land, and capital,
Q15: Technology, time, and efficiency are the real
Q16: The opportunity cost is what each economy
Q17: Economic output has no limits: production possibilities
Q18: Specialization of labor is a recent economic
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