Behaviour in Free-Market Economies Is

question 23

Multiple Choice

Behaviour in free-market economies is

• A)determined by a central authority.
• B)based primarily on custom and habit.
• C)mostly directed by self-interest.
• D)mostly affected by elements of tradition and government command.
• E)random and unpredictable.

---

Definitions:

Hierarchical Structure

An organizational or systemic arrangement where entities are ranked one above the other based on authority or status.

Multifaceted

Having multiple aspects or features, often implying complexity.

Dynamic

Characterized by constant change, activity, or progress; not static.

Prosocial Behavior

Actions intended to benefit others, including behaviors like helping, sharing, and comforting, indicative of empathy and concern for the welfare of others.