Which of the following is NOT associated with the market principle?
A) the profit motive
B) the law of supply and demand
C) impersonal economic relations
D) industrialism
E) kin-based generalized reciprocity

Question

Quizplus · Accepted Answer

Kin-based generalized reciprocity is not associated with the market principle as it involves the exchange of goods and services without the expectation of immediate or direct return. The other options - profit motive, law of supply and demand, impersonal economic relations, and industrialism - are all associated with the market principle.

Which of the Following Is NOT Associated with the Market