Multiple Choice
In a capitalist economy,
A) the state controls the means of production.
B) the means of production are mostly owned by private individuals.
C) economic decisions are centralized.
D) government officials decide what to produce, how to produce it and who gets it.
Correct Answer:
Verified
Correct Answer:
Verified
Related Questions
Q24: Economists think of products as being in
Q25: Which of the following is a normative
Q26: Questions that address the cause-and-effect analysis of
Q27: In order to explain how societies deal
Q28: In deciding on how to spend their
Q30: What are the roles of markets and
Q31: How would you apply the scientific process
Q32: How does marriage fall within the scope
Q33: Which of the following topics is related
Q34: A possible explanation for a natural phenomenon