Which of the Following Terms Describes an Economic System with Minimal

question 8

Multiple Choice

Which of the following terms describes an economic system with minimal government regulation or intervention?

• A)laissez-faire capitalism
• B)capitalism
• C)socialism
• D)communism

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Definitions:

Organizational Behavior

The study of individual and group dynamics within organizational settings, focusing on how people interact and behave in work environments.

Personality Traits

Characteristics and qualities that form an individual's distinctive character and behavioral patterns.

Big Five Personality Dimension

A model that describes human personality through five broad dimensions: openness, conscientiousness, extraversion, agreeableness, and neuroticism.

Conscientiousness

A characteristic of personality marked by being well-organized, reliable, and having a profound commitment to responsibilities.