Which of the Following Is One of the Primary Principles

question 30

Multiple Choice

Which of the following is one of the primary principles of capitalism?

• A) privatization of the means of production
• B) collective distribution of goods and services
• C) a focus on meeting the basic needs of all citizens
• D) government regulation of industry

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Definitions:

Energy Prices

The cost associated with procuring energy, influenced by factors like supply and demand, geopolitical stability, and production costs.

Energy Efficiency

The goal of using less energy to provide the same level of energy service, such as lighting, heating, or cooling.

Economic Growth

An increase in the production of goods and services in an economy over a period of time.

Imported Energy

Energy that is produced outside of a region or country and then transported into that area for use.