History Shows That Free-Market Capitalism Leads to a Fair and Equitable

question 26

True/False

History shows that free-market capitalism leads to a fair and equitable distribution of wealth.

---

Definitions:

Owner's Equity

The residual interest in the assets of a business after all liabilities have been deducted, often referred to as net assets or shareholder equity.

Assets

Resources owned by a business with future economic benefits.

Investments

The balance sheet caption used to report long-term investments in stocks not intended as a source of cash in the normal operations of the business.

Cash

Money in the form of currency or coins, readily available for transactions.