Which of the Following Is Not a Part of a Market

question 54

Multiple Choice

Which of the following is not a part of a market system?

• A)private property
• B)freedom of enterprise and choice
• C)competition in product and resource markets
• D)government determination of basic economic goals

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Definitions:

LEO

Stands for Low Earth Orbit, a satellite's orbit relatively close to Earth's surface, typically at altitudes less than 2,000 kilometers, used for telecommunications, military, and observation purposes.

MEO

Medium Earth Orbit, referring to satellites that orbit the earth at altitudes in a range typically between 2,000 and 35,786 kilometers, used for communications, navigation, and earth observation.

VEO

An acronym that requires specification for an accurate definition as it could stand for various concepts depending on the context.

Orbital Life

The concept of living and working in space in orbit around Earth or another celestial body.