Under a Capitalist Economic System

question 100

Multiple Choice

Under a capitalist economic system,

• A) the state owns all or most of the resources
• B) people are forced to work for a living
• C) resources are privately owned
• D) the government determines the allocation of resources
• E) prices eventually become unnecessary

Understand the planning process, including the role of contracts in social work.

Identify the social, economic, and political forces affecting people in the macro social environment.

Define generalist social work practice and its eclectic knowledge base.

Acknowledge the importance of evaluation in the implementation phase for accountability.

---

Definitions:

Customer Complaints

Expressions of dissatisfaction or issues raised by customers regarding a product or service.

Benchmarking

The process of comparing business processes and performance metrics to industry bests or best practices from other companies.

Critical Success Factors

Essential conditions or variables that, when properly sustained, maintained, or managed, can have a significant impact on the success of a business or project.

Production Activities

Processes involved in the creation of goods and services, ranging from raw material procurement to the final manufacturing steps.