"From Each According to His Ability, to Each According to His

question 59

Multiple Choice

"From each according to his ability, to each according to his need." This slogan could only be fully realized with:

• A) pure capitalism.
• B) pure socialism.
• C) a mixture of capitalism and communism.
• D) an information economy.
• E) pure communism.

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Definitions:

Corporate Decision Making

The process by which business leaders make choices that affect the company’s operations, profitability, and strategic direction.

Toyota Motor Corporation

A multinational automotive manufacturer headquartered in Japan, known for producing a wide range of vehicles.

Nominal Price

Absolute price of a good, unadjusted for inflation.

CPI (Consumer Price Index)

An indicator that assesses the weighted mean of the prices for a selection of consumer products and services, including food, transportation, and healthcare, aimed at calculating the living expenses.