All of the Following Are Characteristics of Capitalism Except

question 31

Multiple Choice

All of the following are characteristics of capitalism except

• A)social welfare assistance programs.
• B)economic motivation through profit.
• C)determination of prices and wages through supply and demand.
• D)the absence of government intervention in the economy.

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Definitions:

Bushels of Grain

A unit of volume measurement used in the United States for agricultural commodities, like wheat and corn, with specific equivalents in pounds varying by commodity.

Acres of Pasture

A measure of land area, specifically used for grazing livestock or as grassland.

Budget

A financial plan detailing projected revenue and expenditures over a specific period.

Bushels of Grain

A measurement unit for volume typically used in the U.S. to quantify agricultural produce like grain.