The Nationalization of Key Industries in Countries Such as Sweden

question 77

Multiple Choice

The nationalization of key industries in countries such as Sweden and France is indicative of which type of economy?

• A) socialist
• B) communist
• C) capitalist
• D) nationalist

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Definitions:

Variable Costs

Charges that adjust in line with changes in production volume or output quantity.

Required Return

A rephrasing of Required Rate of Return; it's the expected return that investors demand for an investment in a particular asset, based on its risk.

Cash Break-even

The point at which a business generates enough cash flow to cover its operating expenses and capital costs.

Variable Costs

Expenses that vary directly with the level of business activity.