The Economic System Based on Collective Ownership of the Means

question 84

Multiple Choice

The economic system based on collective ownership of the means of production and collective distribution of goods and services is called:

• A) capitalism.
• B) classical liberalism.
• C) transnational corporations.
• D) outsourcing.
• E) socialism.

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Definitions:

Higher-order Conditioning

A form of learning in which a stimulus is paired with a previously conditioned stimulus, creating a new conditioned response.

Conditioned Stimulus

A previously neutral stimulus that, after becoming associated with an unconditioned stimulus, eventually comes to trigger a conditioned response.

Neutral Stimulus

A stimulus that initially produces no specific response other than focusing attention; in classical conditioning, it becomes associated with an unconditioned stimulus.

Operant Conditioning

A method of learning that occurs through rewards and punishments for behavior, emphasizing the effects of consequences on behavior.