Multiple Choice
Which of the following is NOT a characteristic of the capitalist form of economic organization?
A) Central planning.
B) A reliance on decentralized market processes for resource allocation purposes.
C) Private ownership of productive resources.
D) All of the choices are true.
Correct Answer:
Verified
Correct Answer:
Verified
Q159: Because of the scarcity of resources,every country
Q160: All capitalist economies<br>A)can operate without government establishing
Q161: A four dollar tax on a gallon
Q162: The price system<br>A)sends signals to producers.<br>B)sends signals
Q163: Which of the following statements is false?<br>A)One
Q165: Private ownership of nearly all of a
Q166: Our government helps the free enterprise system
Q167: If we were to examine the economic
Q168: By the late 1970s,<br>A)Russia began reforms which
Q169: Adam Smith believed that people are guided