Some Critics of Capitalism Argue That

question 7

Multiple Choice

Some critics of capitalism argue that

• A)There is too much government intervention in the economy
• B)Involuntary trade generates no wealth
• C)If one person makes money,someone else must be losing it
• D)Voluntary trade ensures gains for both consumers and producers

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Definitions:

Census

A systematic enumeration of a population, which typically records various details of individuals, such as age, sex, occupation, and nationality, at a specific time.

De-ethnicization

The process by which a product or service sheds its ethnic identification and becomes appealing to a broader, multicultural market.

Ethnic Product

Goods that are specifically designed for, or associated with, a particular cultural or ethnic group.

High-context

A communication style wherein much of the information is understood from the context rather than stated explicitly in verbal or written form.