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:

Role Distance

The gap or difference between the behavior expected of an individual in a specific role and the actual behavior exhibited by that individual.

Evolved Desire

Biological or psychological motivations that have developed over time through natural selection to promote survival and reproduction.

Biological Argument

A perspective that attributes behaviors, roles, or characteristics mainly to biological factors, such as genetics or physiology.

Sociological Argument

A reasoned discourse that aims to explain social phenomena by analyzing patterns, relationships, and structures within society, often backed by empirical evidence.