Under Capitalism

question 244

Multiple Choice

Under capitalism:

• A) most of the means of production and distribution are privately owned and operated for profit.
• B) T\the primary function of the government is to distribute wealth more evenly.
• C) utilities, health care, education, and other important services are operated by the government.
• D) markets operate to carry out the decisions made by central planners.

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Definitions:

Negative Correlation

A relationship between two variables in which one variable increases as the other decreases, and vice versa.

Causal Relationship

A connection between two events where one directly results in the occurrence of the other, often determined through correlation and experimentation.

Statistically Significant

A term used to describe a result that is not likely to occur randomly, but rather is likely to be attributable to a specific cause.

Statistically Accurate

Describes data or results that are precise and reliable according to statistical analysis and principles.