Capitalism Supports Which of the Following Theories

question 10

Multiple Choice

Capitalism supports which of the following theories?

• A)Market forces
• B)Government regulation
• C)Trickle-down theory
• D)Both a and c
• E)Both a and b

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Definitions:

Parsimony

The principle that the simplest explanation of an occurrence, using the least number of assumptions or variables, is preferred.

Scope

The extent or range of an area or subject matter that something deals with or to which it is relevant.

Range

The difference between the highest and lowest values in a set, indicating the extent of variability.

Depth

The quality of being profound, in terms of complexity, insight, or understanding, often opposed to mere surface appearance.