A Form of Economic Organization That Relies Primarily on Private

question 232

Multiple Choice

A form of economic organization that relies primarily on private ownership of productive assets, freedom of exchange, and market prices to allocate goods and resources is often called

• A) national socialism.
• B) the welfare state.
• C) a corporate economy.
• D) capitalism.

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Definitions:

Personality Type

A classification that characterizes an individual's distinctive character or qualities based on psychological principles.

Radio Advertising

A form of marketing strategy that involves creating and broadcasting commercials on radio stations to promote products or services to a wide audience.

Feeler Personality

A personality type that tends to make decisions based on emotions and values over objective criteria.

Sales Presentation

A formal or informal pitch or demonstration offered by a salesperson to a prospective buyer to persuade them to purchase a product or service.