A Basic Tenet of Capitalism Is That

question 48

Multiple Choice

A basic tenet of capitalism is that

• A) property refers only to physical objects.
• B) ownership is a simple relationship between a person and the thing owned.
• C) capitalism requires private ownership of the major means of production.
• D) in the 21st century, capitalism no longer requires capital.

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Definitions:

Tactfully

Acting with sensitivity and diplomacy to avoid offending others while handling difficult situations or delivering potentially upsetting information.

Erikson

A psychoanalyst known for his theory on the psychosocial development of humans, which describes eight stages of development throughout the lifespan.

Personality Development

The ongoing process of developing and shaping one's character, behaviors, and emotions throughout the lifespan.

Parent-Child Relationships

The dynamic and emotional bond between a parent and their child, influencing the child's development and socialization.