Which of the Following Is True of Capitalist Systems

question 16

Multiple Choice

Which of the following is true of capitalist systems?

• A)They emphasize highly regulated markets.
• B)They emphasize private economic decision-making about the goods and services that should be produced.
• C)Governments play a minor role in shaping economic life.
• D)They reject mass production.

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Definitions:

Functional

Related to the purpose or use of something; designed to be practical and useful.

Social Change

Transformations over time in societal norms, behaviors, values, and institutions.

Structural Functionalism

A theory in sociology which posits that society functions as an intricate system where its components interact to foster cohesion and maintain equilibrium.

Center-Periphery Differentiation

Describes the spatial and social division between the developed, politically, and economically dominant 'center' and the less developed, dependent 'periphery'.