A Major Distinguishing Feature Between Capitalist and Socialist (Or Command)

question 200

Multiple Choice

A major distinguishing feature between capitalist and socialist (or command) economies is that _____

• A) the average citizen is wealthy in capitalist economies, whereas the average citizen is poor in socialist economies.
• B) decision making is decentralized in socialist economies, while decision making is centralized in capitalist economies.
• C) resources are privately owned in capitalist economies, whereas private property rights are enforced in command economies.
• D) resources are publicly owned in capitalist economies, whereas resources are privately owned in command economies.
• E) decision making is decentralized under capitalism, while decision making is centralized in command economies.

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Definitions:

Lithium Carbonate

A chemical compound used primarily in the treatment of bipolar disorder and mood instability by moderating the neurotransmitters in the brain.

Manic Episode

A period of abnormally elevated, expansive, or irritable mood and increased energy or activity lasting at least one week, characteristic of bipolar disorder.

MAOIs

Short for Monoamine Oxidase Inhibitors, a class of antidepressant drugs that work by inhibiting the activity of the monoamine oxidase enzyme, thus increasing levels of certain neurotransmitters in the brain.

Tricyclics

A class of antidepressant medications used to treat depressive disorders by affecting neurotransmitter levels in the brain.