Which of the Following Is a Characteristic of Capitalism

question 37

Multiple Choice

Which of the following is a characteristic of capitalism?

• A) government ownership of all capital
• B) government decision-making is preferred to decentralized decision-making
• C) market determination of prices and quantity
• D) equality of income

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Definitions:

Short Time-off

A brief period of leave from work, granted for various reasons such as personal emergencies, health issues, or family commitments.

Grandparents

The parents of one's parents, who can play various roles in the family structure, including caregiver, mentor, and cultural historian.

Vested

A term referring to a legal right, typically in the context of retirement plan benefits that cannot be lost by an employee once earned.

Accrued Pension Benefits

The earned portion of a pension that an employee is entitled to receive upon retirement, even if they leave the company before reaching retirement age.