What Policy Is Based on the Assumption That Capitalism Can

question 62

Multiple Choice

What policy is based on the assumption that capitalism can work best without government intervention?

• A) the government intervention model
• B) capitalist reduction
• C) laissez-faire
• D) oligopoly

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Definitions:

Noncontrolling Interest

A portion of the equity in a subsidiary not attributable, directly or indirectly, to the parent company.

Net Income

The profit of a company after all expenses and taxes have been deducted from revenues.

Upstream Intra-Entity Profits

Profits realized from transactions between a parent company and its subsidiary, where the subsidiary sells to the parent.

Mutual Ownership

Refers to an arrangement where entities are owned by their members who share profits or benefits.