What Are Some of the Advantages of Market-Based Systems

question 14

Multiple Choice

What are some of the advantages of market-based systems?
I.successful in developing new industries;
II.more effective in shrinking capital in declining industries;
III.more reliant on transparent financial reporting;
IV.more diverse as sources of corporate financing

• A)I, II, and IV
• B)II, III, and IV
• C)I, III, and IV
• D)I, II, and III

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Definitions:

Poverty Line

An officially determined threshold of income that is considered the minimum necessary to maintain an adequate standard of living in a given country.

Social Identity

The part of a person’s identity that is determined by attributes and characteristics of groups the person aligns themselves with.

Cyberbullying

The use of digital technology, such as the Internet and mobile phones, to harass, threaten, or intimidate someone.

Instant Messaging

A form of communication over the internet that allows two or more people to exchange text messages in real-time.