QUESTION 11 country with almost all goods and services provided through the marketplace and minimal government is described as laissez faire communist mixed economy dictatorship

Q: Heywood says that some nationalisms can be progressive and liberating whilst others are irrational…

A: Left-wing nationalism, sometimes understood as socialist nationalism, not to be confounded with the…

Q: What is the value base of communitarian capitalism?

A: The philosophy of communitarianism emphasises the individual's relationship to the greater…

Q: Can Capitalism be classified as a religion? Explain

A: Capitalism is an economic system based on the private ownership of productive assets and their…

Q: As we look at contemporary real-world economic systems, it is evident that market socialism is an…

A: Answer-

Q: Identify the following weighted voting system. ​   ​     one person, one vote     veto power…

A: Here, a specfiic voting system is given as the total number of votes is 84, which are divided into…

Q: The US market economic system is the same as a command/planned economy. (T or F).

A: In a market, command economic system refers to the situation when the activities performed by buyers…

Q: Describe the types of economic systems. In less than 100 words only.

A: An economic structure is a way for communities  to coordinate and disperse capital, utilities, and…

Q: Please provide a brief comparison of the advantages and disadvantages of market capitalism relative…

A: A market is a place where the buyers and sellers interact and trade goods and services. The market…

Q: Distinguish between the two global cultures of capitalism. Do you envision a convergence of these…

A: Capitalism is the type of economy where the full control of the market is in the hands of the…

Q: Adam Smith is the father of communism andadvocated a classless society

A: The father of contemporary capitalism is often referred to as Adam Smith. Adam Smith was one of the…

Q: Marx’s historical materialism created a revolution in political economy. Why? Identify and summarize…

A: Karl Marx's historical materialism: Karl Marx theory was based on the expansion of the capitalist…

Q: Which of the following is the disadvantage of the Socialist economy? a. Efficient use of resources…

A: Socialist Economy refers to the economy where there is full control by the government i.e.…

Q: describe the twotypes of economic systems: capitalismand command economy?

A: The economies around the world work on the basis of different systems. The economies have different…

Q: A modern society tends to be ______________ in worldview. Fatalistic Egalitarian Hierarchical and…

A: Fatalism can more generally be defined as the propensity of individuals or groups to believe that…

Q: Identify the business and economic implications of differences in culture.

A: Cultural differences are the differences in beliefs, culture, language, decisions, and various other…

Q: What is a characteristic of pure command economies? A The government controls major industries. B…

A: There are majorly four types of economic systems.  1. Pure Command economy 2. Market economy 3.…

Q: Which of these are not true of Karl Marx’s description of ideology? Group of answer choices It…

A: Ideology, according to Marx, is founded in contradictory relationships, and it serves to mislead and…

Q: T F Adam Smith is the father of communism andadvocated a classless society

A: Karl Marx is the father of communism Mandela advocated a classless society.

Q: Agree or disagree: The United Nations is a weak international organization. Give an example to…

A: United nations has most favoured nations policy which supports developed nations and ignores the…

Q: in your own words, discuss the operation of capitalism.

A: Capitalism is one of the types of economies that explains a specfiic market structure according to…

Q: The political application of economic principles typically falls somewhere between two extremes:…

A: Here answer is “communism and Socialism”

Q: Describe the major characteristicsof capitalism, socialism, and mixedeconomic systems.

A: Economic system refers to the framework under which the economy of the nation operates. Different…

Q: A basic characteristic of a command system is that    wages paid to labor are higher government…

A: A command economy is where the public authority, instead of the unregulated economy, figures out…

Q: Rationing of most scarce goods and services in a capitalist economy is done by:   Group of answer…

A: Rationing is described as the artificial restriction of demand or the control over the allocation of…

Q: A Command Economy is characterized by which of the following? Lower individual taxes than in a…

A: The government which runs a command economy in turn operates businesses or entities of monopoly…

Q: Freedom of enterprise is a characteristic that is common to most economic systems. in a market…

A: Free Enterprise Free enterprise, or the free market, refers to an economy in which the market,…

Q: China’s economic system is sometimes labeled __________. A. state socialism B. utilitarianism C.…

A: Economic system: It refers to a process of production, consumption, and allocation of goods and…

Q: ____ a. individualistic capitalism____ b. political action committees____ c. oligopoly____ d.…

A: Note:- Since we can only answer up to three subparts, we'll answer first three. Please repost the…

Q: i. Market refers to economic institutions of modern capitalism. a. True p. False

A: Market is any platform that connects buyers with the sellers.  Sellers enter the market with the…

Q: Which of the following was an intention of American government? Promote general welfare Secure…

A: General welfare is the concept in which local and general people are the main focus for welfare.

Q: Defend the claim that china has adopted mercantilist theores

A: Mercantilism was supported the thought that a nation's wealth and power were best served by…

Q: Which of the following criteria could indicate centrally planned socialism as en economic system?…

A: A centrally planned socialism can also be referred as command economic system where central…

Q: Is the US government a representative democracy or an oligarchy?

A: Yes, the The US is a democracy, because we, the people, wield the greatest political power. They are…

Q: How does the transformation of society toward socialism allow workers to freely sell their labor?

A: The primary aim of socialism is to remove disparities or inequality among people by controlling or…

Q: The economy of South Korea would best be classified as: A. pure capitalism. B. a market system. C. a…

A: South Korea's economy is a highly developed mixed economy. Its economy ranks 10th globally and…

Q: Ronald Reagan was elected as governor because of his views on a. tax relief. b. anti-intellectualism…

A: Governor: the person controlling the state or region.

Q: Economists like markets because, generally speaking...   Question 2 options:   production is…

A: A market economy is an economic system in which the decisions regarding allocation, production and…

Q: 35 of 178 countries—about 20 percent—grant their residents significant economic freedom. The rest do…

A: Economic freedom, often known as economic liberty, refers to a society's citizens' capacity to…

Q: Which of the following is not explicitly written in the Constitution? Group of answer choices…

A: The answer is - Freedom of privacy

Q: According to author Eric Foner, what was a key component of the dominant definition of freedom in…

A: Eric Foner has written the book 'The Story of American Freedom' comprising all of American history…

Q: What type of education did the Mexican schools emphasize? Choose the be physical/manual labor for…

A: Education is the weapon to cater to the obstacle of any economy.

Q: Describe strategies for reducing unemployment; creating alternatives to capitalism through worker…

A: An increase in the unemployment rate and child labor is now a major issue globally. If the…

Q: Following its independency from Britain in 1953, Kenya embrace African Socialism. Why did the…

A: Economic development is that the method of making wealth for the good thing about the community.…

Q: This question is based on the following definitions below. Pure Capitalism Government does not…

A: Economic systems in the world are grouped into traditional, command, market, and mixed systems.

Q: difference between Materialist and Fundamentalist

A: Theory: It refers to a concept or any written or oral knowledge provided to someone. Theory are…

Q: Currently, there seems to be a movement toward mixed economic systems in socialist societies. T or…

A: Meaning of Economics: The term economics refers to the situation under which there remains a…