Which of the Following Is an Economic System in Which

question 41

Multiple Choice

Which of the following is an economic system in which private individuals and corporations own the means of production and,motivated by the desire for profit;compete in free markets under conditions of limited restraint by government?

• A) Utilitarianism
• B) Capitalism
• C) Socialism
• D) Fascism

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Definitions:

Sociological Explanation

An explanation based on the social contexts and influences that shape individuals' behaviors, interactions, and structures within society.

Saturated Self

A term related to the postmodern condition of identity, describing a self inundated by the complexities and contradictions of multiple images and realities.

Role Strain

Experienced when there are contradictory expectations within one role.

Roster

A list or plan showing the duties and leave of individuals or groups, especially within an organization or team.