Capitalism Gets Its Name from the Fact That Capital Resources

question 251

Multiple Choice

Capitalism gets its name from the fact that capital resources are mostly

• A)owned by the state or government.
• B)given the highest priority in the economy's income distribution.
• C)treated as private property.
• D)in the form of money and financial resources.

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Definitions:

Compounded Monthly

The process where interest earned is added to the principal sum each month, which then earns further interest.

Inheritance

Assets or property received from someone who has passed away, often as dictated by a will or the laws of intestacy.

Investment

Assigning funds with the goal of achieving returns or making a profit.

Compounded Annually

interest calculation method where the interest is added to the principal once a year.