Which of the Following Is Not a Characteristic of Capitalism

question 55

Multiple Choice

Which of the following is not a characteristic of capitalism?

• A) Private ownership of the factors of production.
• B) Businesses make their own product and price decisions.
• C) Public ownership of the factors of production.
• D) Decentralized decision-making using markets.

Understand the evolution and control shifts in supply chains.

Understand the factors that determine a manufacturer's participation in marketing channel functions.

Know the different types of distribution strategies and their applications.

Recognize the role and characteristics of retailers within the supply chain.

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Definitions:

Energy Efficiency

The goal of using less energy to provide the same level of energy service, such as lighting, heating, or cooling.

Economic Growth

An increase in the production of goods and services in an economy over a period of time.

Imported Energy

Energy that is produced outside of a region or country and then transported into that area for use.

Source Of Ethanol

Ethanol, a biofuel, is primarily produced through the fermentation of sugars by yeast, obtained from crops like sugarcane, corn, and wheat.