Market economy and capitalism differ because ______.
A. capitalism requires the government to provide public goods while market economy doesn’t
B. capitalism practices deficit spending while market economy doesn’t
C. market economy does not require private property and capitalism does
D. there is no difference; the terms mean the same thing
C. market economy does not require private property and capitalism does
You might also like to view...
Why is it sometimes difficult for a nation to welcome a growing diverse population?
A. Most nations are homogenous and are not used to any diversity of race or ethnicity. B. Increasing diversity requires change on the part of the government and society as a whole. C. Diversity of race and ethnicity poses a threat to the established systems of a nation. D. More diversity in a nati means more legislation to protect certain minority classes.
One of the most convincing explanations for the persistence of the two-party system in the United States lies in its use of
A) single winners chosen by an absolute majority of votes. B) multiple winners chosen by a proportional representation of votes. C) multiple winners chosen by a simple plurality of votes. D) single winners chosen by a proportional representation of votes. E) single winners chosen by a simple plurality of votes.