3. Which of the following is an important feature of capitalism? A. Capital is government owned B. Capital is privately owned C. Use of capital is controlled by tradition D. All of the above
3. Which of the following is an important feature of capitalism? A. Capital is government owned B. Capital is privately owned C. Use of capital is controlled by tradition D. All of the above
Principles of Economics 2e
2nd Edition
ISBN:9781947172364
Author:Steven A. Greenlaw; David Shapiro
Publisher:Steven A. Greenlaw; David Shapiro
Chapter18: Public Economy
Section: Chapter Questions
Problem 26CTQ: Occupy Wall Street was a national (and later global) organized protest against the greed, bank...
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C. Follow the merit system
D. Make an executive order
19. The supreme court case that established ju
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B. Vice President
C. Speaker of the House
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Transcribed Image Text:3. Which of the following is an important feature of capitalism?
A. Capital is government owned
B. Capital is privately owned
C. Use of capital is controlled by tradition
D. All of the above
4. An advantage of a sole proprietorship is that the owner
A. Keeps all the profits
B. Raises all money to expand
C. Is responsible for debts
D. All of the above
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