Which of the Following Is a Distinctive Feature of Capitalism

question 85

Multiple Choice

Which of the following is a distinctive feature of capitalism?

• A)private ownership of the military
• B)cooperation in the pursuit of collective goals
• C)private ownership of property
• D)primacy of the state
• E)pure laissez-faire

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Definitions:

Framing Effect

A cognitive bias where people react differently based on how choices are presented to them, often affecting decision-making.

Availability Heuristic

A mental shortcut that relies on immediate examples that come to a person's mind, influencing their perception of a topic's prevalence or importance.

Framing

The process of shaping the perception or presentation of information in a way that influences judgment and decision-making.

Algorithms

Step-by-step procedures or formulas for solving problems or completing tasks, often used in computer programming and mathematics.