The Discussion of the Business Enterprise System in the Business

question 47

Multiple Choice

The discussion of the business enterprise system in the Business and Society class today became interesting when Roberto took the position that the Canadian government should apply a _______________model whereby economic decision making is left to those individuals or enterprises who own the means of production and the government has only the most minimal,strictly limited role.

• A)stakeholder capitalism
• B)laissez-faire capitalism
• C)free enterprise
• D)responsible enterprise
• E)capitalism

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Definitions:

Temporary Pleasures

Short-lived moments of enjoyment or satisfaction that do not have long-term effects on one's happiness or well-being.

Self-Improvement

The process of seeking out activities or adopting behaviors that lead to personal growth and positive change.

Id

A component of Sigmund Freud's psychoanalytic theory, representing the set of uncoordinated instinctual desires driving individuals from birth.

Temper Tantrums

Emotional outbursts, typically characterized by yelling, crying, or stomping, often exhibited by young children as a response to frustration or unmet desires.