Who Was One of the First Proponents of Employing Market

question 9

Multiple Choice

Who was one of the first proponents of employing market economies instead of command economies?

• A) Robert Heilbroner.
• B) Karl Marx.
• C) Jeffrey Sachs.
• D) Adam Smith.

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Definitions:

Need For Achievement

A psychological drive that motivates individuals towards setting and accomplishing challenging goals to achieve a sense of accomplishment.

Need For Affiliation

A fundamental human desire to create and maintain social bonds and interpersonal connections.

Need For Power

A psychological drive that compels individuals to seek control or influence over others, or to seek positions of authority.

Psychological Factors

Elements that influence an individual's mental state and behavior, including emotions, attitudes, and thoughts.