Nozick Believes That a Patterned Distribution of Goods Is Unstable

question 12

Multiple Choice

Nozick believes that a patterned distribution of goods is unstable because:

• A) It is inherently unfair.
• B) It relies on pure unregulated capitalism.
• C) People are inherently selfish.
• D) People mess up the pattern by slacking off and not working.
• E) People mess up the pattern by making deals or working overtime.

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Definitions:

Command Economy

An economic system where the government controls the major aspects of production, distribution, and exchange of goods and services.

Central Planning

An economic system where all major production, investment, and distribution decisions are made by a central authority, typically the government.

Free Enterprise

An economic system in which private businesses operate in competition and largely free of state control, with minimal government intervention.

Price Mechanism

The method through which changes in supply and demand cause prices to increase or decrease, directing how resources are distributed in a market-based economy.