Competitive Individualism

question 95

Multiple Choice

Competitive individualism

• A) encompasses the belief in both equality of opportunity and equality of results.
• B) is generally not supported by the American public.
• C) is not as common in other rich democracies as in the U.S.
• D) violates the basic concept of a free enterprise system.
• E) was not highly regarded at the founding but has since gained in acceptance.

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Definitions:

Syndicate

A syndicate is a group of individuals or organizations combined to promote some common interest, often in business or investing.

Raise Money

The act of collecting funds for a purpose, which can involve various methods such as loans, investments, or donations.

Professional Baseball

A sport involving teams that play baseball at the highest skill level for monetary compensation, often within an organized league structure.

Franchises

Business models where a franchisor licenses trademarks and methods to a franchisee in exchange for a recurring payment and possibly a percentage of gross sales or profits.