The Capitalist System Relies Heavily On

question 259

Multiple Choice

The capitalist system relies heavily on:

• A) protectionist policies with respect to world markets.
• B) minimizing government intervention in corrupt business practices.
• C) making sure that currencies are never under-valued.
• D) honesty, integrity, and high ethical business standards.

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Definitions:

Black Markets

Markets that operate outside of the official economic system, often trading in illegal goods or services or circumventing government restrictions.

Disputes

Conflicts or disagreements that arise over differences in views, interests, or claims, often requiring negotiation or legal action to resolve.

Violence

The use of physical force to harm someone, to damage property, or to impose dominance in any context.

Private Property Rights

Legal rights that grant individuals or entities the ability to own, use, and control personal or real property.