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Capitalism operates on the debatable assumption that human beings find increased well-being through
Question 5 options:
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leisure activities |
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cooperation with others |
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greater material consumption |
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eliminating poverty |
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- Capitalism is a market-driven economy, characterized by government ownership of resources, and profits that are shared equally among the populace. True or false?(V2) In the fictional country of Vulcan, population keep declining due to low fertility. It is estimated that by 2050 population will be 8% less than current. Explain the impact on the following monetary measures: Other Economic factors are expected to be consistent A) GDP B) Real GDP C) GDP per CapitaCapitalism is defined as an economic system in which a country's trade, industry and profits are controlled by private owners or companies, rather than by the state. Do you agree Capitalism is the best economic system which will ensure justice and fairness for citizens? Provide your explanation.
- Please assist in answering these questions. The answers do not have to be explained. I will not buy my coffee from “XYZ” Company because of their use of children in production. This consumerism is called b. Company-based purchasing c. Fully screened approach d. Positive Buying The dimensions of globalization are a. Social, environmental, economic, and political b. Cultural, environmental, legal, and economic c. Political, legal, social, and economic Consumerism __________________ Question 11Answer b. posits that it is economically desirable to increase consumption of goods. c. provides that products manufactured are safe for consumers d. is the theory that posits consumers are more important than employees. Which of the following is not a tenet of Corporate Social Responsibility? b. Philanthropic responsibility c. Ethical Responsibility d. Consult with the stakeholders Which model of the BGS relationship assumes that…Inflation, interest rates and unemployment are examples of Group of answer choices Indicators of the health of an economy. Factors of economic performance. Drivers of economic activities. Ways of organising economic activities.Please do not give solution in image format thanku Which one of the following statements about Capitalism is correct? Elevates the lower class Undermines the upper class Establishes a middle class Exploits the lower class
- [item no.5] (Multiple Choice) According to Huntington civilization identity will be increasingly important in the future, and the world will be shaped in large measure by the interactions among seven or eight major civilizations. True FalseThe price system is sometimes criticized in that it a. results in allowing the rich get a disproportionate say in what goods and services are produced. b. leads to greater efficiency. c. relies too heavily on input-output analysis. d. coordinates activities without the need for planning by government agencies.All of the below statements reflect the views regarding "human capital" expressed in chapter 6 of the book Naked Economics, EXCEPT for this one. Please select the statement that DOES NOT reflect what Wheelan has written in this chapter. Group of answer choices Human capital is much more than earning more money. It makes us better parents, more informed voters, more appreciative of art and culture.... Technology displaces workers in the short run but does not lead to mass unemployment in the long run. Improvement in human capital and technology is a painless process with no immediate or short-term negative effects upon any person in that economy. Studies indicate that in low-income countries each additional year of schooling reduces the probability of infant mortality by 5-10%.
- How far Thorstein Veblen provided constructive criticism of mainstream economics and to what extent it was different as compared to the Marxist critique of capitalism."Big corporations like Exxon Mobil and Ford Motor Company have deep pockets and need to be hiring more people." This is a positive statement about economic policy. True FalseI feel that the strongest moral consideration in favor of capitalism would be the freedom to pursue a business for private ownership or have private ownership of your own business by building it from the ground up. If you want to start your own business, you can do that. If you are interested in a specific job, you can figure out a plan to get yourself educated in that field, prove your worth through applying and interviewing, and you can eventually find yourself in that dream position through persistence and hard work. At the end of the day, it all depends on what you want to do. All of the pressure is on you to create the future you ideally want through the choices you make in the current market. I feel the strongest objection to capitalism is oftentimes the large majority of the profits go to the higher-up executives in many large companies. With the freedom of conducting business, upper management has the ability to control wages the way they feel necessary, which means the…