A Major Criticism of the Market System Is That It

question 57

Multiple Choice

A major criticism of the market system is that it

• A) spends too much on welfare.
• B) is not a neutral mechanism.
• C) redistributes income away from the rich.
• D) is too socialistic in nature.

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Definitions:

Newborns

Infants in the first few weeks of life, experiencing rapid physical and neurological development.

Reflexes

Automatic, involuntary responses to specific stimuli, designed to protect the body and maintain homeostasis without conscious effort.

Nipple

A small projection of skin on the breast through which, in females, milk is delivered to a mother’s young.

Food

Substances consumed to provide nutritional support for the body, primarily consisting of plant, animal, or fungal origin.