Solved

Which of the Following Is Not a Characteristic of Pure

Question 167

Multiple Choice

Which of the following is not a characteristic of pure capitalism?


A) private property rights
B) competitive markets
C) laissez-faire policies
D) central planning
E) a reliance on prices to direct resources to their best uses

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Q162: The mixed economy is the dominant economic

Q163: Exhibit 2-12 Maria and Hans Production Possibilities

Q164: The economic question of what will be

Q165: The economic question of "what to produce"

Q166: Points outside the production possibilities frontier represent<br>A)unemployment

Q168: If people specialize in producing those goods

Q169: On a production possibilities frontier, the opportunity

Q170: The reason that the production possibilities frontier

Q171: A production possibilities frontier can shift outward

Q172: An economic system<br>A)must answer the three economic