A Company That Makes Products That Give High Immediate Satisfaction

question 125

Multiple Choice

A company that makes products that give high immediate satisfaction but may hurt consumers in the long run makes ________ products.

• A) deficient
• B) pleasing
• C) salutary
• D) desirable
• E) threatening

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Definitions:

Soviet Union

The Soviet Union, officially the Union of Soviet Socialist Republics (USSR), was a socialist state in Eurasia that existed from 1922 to 1991.

Das Kapital

A foundational theoretical text in communist philosophy, economics, and politics, written by Karl Marx, which critiques the economic systems of capitalism.

Adam Smith

A Scottish economist and philosopher known as the "father of economics" and the author of "The Wealth of Nations," which laid the foundation for classical economics.

Entrepreneur

A person who establishes, arranges, and manages one or more businesses, assuming higher-than-usual financial risks to achieve this.