The Following That Characterizes Capitalism as a Way of Organizing

question 82

Multiple Choice

The following that characterizes capitalism as a way of organizing economic life is:

• A) private ownership of the means of production
• B) public ownership of the means of production
• C) government-controlled markets
• D) expensive materials and labor
• E) pre-Industrial Revolution labor

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Definitions:

Smart And Pleasant

Possessing intelligence and causing enjoyment or happiness; often describes someone who is clever and agreeable in nature.

Complying

The act of conforming, submitting, or adapting one's behavior to match with rules, requests, or demands.

Small Requests

A technique where simple, non-burdensome tasks or favors are asked to gradually encourage compliance or build rapport.

Larger Requests

A persuasion technique where a more significant demand or appeal is made, possibly as a part of a strategy to achieve a smaller request later.