The major benefit of socialism is that it creates strong incentives to work hard and take the risks associated with starting and operating a business. True or False True False
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- Corporate leadership sometimes waits until after presidential elections in order to make major business decisions. An economist would maintain that this is in the anticipation of future: OPTIONS: Farecasting Fear Scarcity Incentives TaxesWhich of the following offered the most successful response to the Great Depression and appealed to many Middle Eastern leaders? O Nazism. Communism. Capitalism. O Socialism. O Fascism. Note:- Please avoid using ChatGPT and refrain from providing handwritten solutions; otherwise, I will definitely give a downvote. Also, be mindful of plagiarism. Answer completely and accurate answer. Rest assured, you will receive an upvote if the answer is accurate.Capitalism operates on the debatable assumption that human beings find increased well-being through Question 5 options: leisure activities cooperation with others greater material consumption eliminating poverty
- Adam Smith is the thinker who is considered the founder of communism. Group of answer choices True Falsefree market coordinates eonomics activity in such a way as to eliminate the possibility of inflation or unemployment. true or falseWhy is instability of capitalism such as, recession, a struggle for many?
- Scenario: A country has been suspected of ethnic cleansing or genocide, and the United Nations is considering intervention. The current government is a totalitarian dictatorship. Is it ethically permissible to impose democracy on an undemocratic regime? Why, or why not? Explain why you think the action proposed in this scenario is or is not ethically permissible. Describe how culture influences your opinion about this. Explain how your ethical frameworks influence your opinion about this.Bobby has been recently hired to work on a highway construction crew for the summer. The work is hard, but the pay is great at a time when jobs are hard to come by. One day, the foreman told Bobby to slow down. "You're working too hard." This crew is used to taking it easy. "At this rate, you'll be out of a job because once we're done with this project, you're finished! Work slower - you'll last a lot longer." Bobby is convinced that this practice is dishonest to the company and to the taxpayers who are paying for the highway work. But he needs the job to meet his school expenses. What would you do if you were Bobby?Contrast the major tenets of the Keynesian school with those of marginalist school.
- Critically evaluate the below statement. "Policy makers have their individual desires (utility maximisation behavior) but they have to make policy decisions to improve social welfare in the society."Marx’s historical materialism created a revolution in political economy. Why? Identify and summarize 3 arguments.Which of these are not true of Karl Marx’s description of ideology? Group of answer choices It is a type of illusion meant to mollify the oppressed classes It reflects only the perspectives and experience of the ruling class It must be displaced by a proletariat ideology developed by a vanguard party d) It endures because of the ruling class’s domination of the means of mental production