Chi Ling lives in a country where income and social services are distributed equally among its citizens. However, the citizens must pay high taxes and the country often experiences high levels of unemployment. Chi Ling lives in a(n) ________ nation.
A) communist
B) socialist
C) capitalist
D) supply and demand
E) free-enterprise
Correct Answer:
Verified
Q17: Quentin owns a company that makes metal
Q18: The factors of production are the
A) systems
Q19: Which of the following is an intangible
Q20: Who subscribes to the ideals of a
Q21: How are profits handled in communist systems?
A)
Q23: How does modified capitalism differ from pure
Q24: A county encourages individuals to own and
Q25: All of the following are examples of
Q26: Oscar is a real estate entrepreneur in
Q27: Kristy is a member of a warehouse
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents