A Basic Tenet of Capitalism Is That

question 48

Multiple Choice

A basic tenet of capitalism is that

• A) property refers only to physical objects.
• B) ownership is a simple relationship between a person and the thing owned.
• C) capitalism requires private ownership of the major means of production.
• D) in the 21st century, capitalism no longer requires capital.

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Definitions:

Rituals

Established procedures or ceremonies that are followed regularly, often having symbolic significance in organizations or cultures.

Corporate Culture

The shared values, beliefs, and practices that characterize an organization and influence its employees' behavior.

Bond Together

This refers to the creation of a connection or a stronger relationship among individuals or groups, often aimed at achieving mutual goals or facing common challenges.

Organizational Stories

Narratives told within an organization that communicate culture, values, and lessons, often based on real events or exemplary figures.