Positive Logical Determinism Does Which of the Following

question 22

Multiple Choice

Positive logical determinism does which of the following?

• A)Characterizes western thinking
• B)Characterizes East Asian thought
• C)Seems to be only existent in animal cultures
• D)None of the above

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Definitions:

Consumer Sovereignty

The determination by consumers of the types and quantities of goods and services that will be produced with the scarce resources of the economy; consumers’ direction of production through their dollar votes.

Legislation

Laws or legal statutes passed by a legislative body, governing body, or the process of enacting laws.

Market System

An economic system in which decisions regarding investment, production, and distribution are guided by the price signals created by the forces of supply and demand.

Private Ownership

The holding of property by non-governmental legal entities or individuals, allowing control and use of the property according to the owner's preferences.