Solved

A Basic Characteristic of _____ Is That Both Producers and Consumers

Question 138

Multiple Choice

A basic characteristic of _____ is that both producers and consumers are free to make their own economic decisions on many basic issues.

A) socialism
B) capitalism
C) communism
D) mercantilism

Related Questions

Q133: The Federal Reserve does not regulate banks.

Q134: Countries that have taken strides toward the

Q135: Cyclical unemployment results from layoffs during recessionary

Q136: Competition encourages companies to operate efficiently and

Q137: The federal government incurs a budget deficit

Q139: _ is the process of converting governmentowned

Q140: Which of the following is most likely

Q141: An economic system is a structure for:<br>A)

Q142: The four basic types of unemployment are

Q143: The price paid for goods and services