Private Ownership Differs from State Ownership in That in Private

question 40

Multiple Choice

Private ownership differs from state ownership in that in private ownership _____.

• A) maximizing profits is the primary objective of a firm 
• B) protecting jobs and minimizing social unrest is the primary objective of a firm 
• C) establishing a firm is determined by government officials and bureaucrats 
• D) failing firms deemed too big to fail may be supported by taxpayer money indefinitely

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Definitions:

Identification-based Trust

A form of trust built on the alignment of values and identification with another's intentions and character.

Monitor

To observe and check the progress or quality of something over a period of time.

Similar Interests

Shared goals, hobbies, or concerns among individuals or groups that facilitate common ground or bonding.

Magnitude of Consequences

The scale or impact of the outcomes resulting from an action or decision.