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According to White (2017), Three Main Contingencies for Reward Have

question 12

Multiple Choice

According to White (2017) , three main contingencies for reward have been identified ______.

Understand the similarities and differences between international trade agreements like WTO and NAFTA.
Explain the concept and implications of corporate welfare.
Understand the role and impact of economic planning in contemporary societies.
Analyze the effects of specific corporate and economic policies on society, such as subprime mortgage lending.

Definitions:

Capitalism

An economic system where private individuals own and control trade and industry instead of the state.

Private Ownership

The legal right of a person or corporation to exclusively possess, control, and dispose of property or goods.

Classless Society

An envisioned social state without economic divisions or disparity where all individuals have equal status and opportunities.

Communism

A political and economic ideology advocating for a classless system where the means of production are owned communally and private property is nonexistent or severely curtailed.

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