Which statement accurately describes capitalism?
A) Industrial capitalism is characterized by pools,trusts,holding companies and an interpenetration of banking,insurance and industrial interests.
B) Mercantile capitalism emerged in the United States in the period directly following the civil war.
C) In state welfare capitalism the government plays an active role in regulating economic activities in an effort to smooth out the boom-and-bust pattern of the business cycle.
D) Financial capitalism developed in the period immediately prior to the Renaissance.
Correct Answer:
Verified
Q3: Karl Marx believed that
A)capitalist workers suffer from
Q4: An exclusive focus on short-term performance
A) is
Q5: According to one survey of cultural values
A)
Q7: One of the key features of capitalism
Q10: The profit motive
A) is a fundamental feature
Q10: The concept of the "invisible hand" means
A)pursuit
Q11: Which of the following is an accurate
Q12: Which of the following historical stages of
Q18: A basic tenet of capitalism is that
A)
Q20: Marxism states
A) capitalism leads to a concentration
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