Which of the Following Nations Is a Pure Capitalist Economy

question 5

Multiple Choice

Which of the following nations is a pure capitalist economy where the role of government is kept to a bare minimum?

• A)United States
• B)Norway
• C)Japan
• D)Russia
• E)None of the listed nations are a pure capitalist economy.

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Definitions:

Environmental Influences

Factors outside the individual, such as social, cultural, and physical environments, that affect behaviors, attitudes, and development.

Schemas

Mental structures that an individual uses to organize knowledge and guide cognitive processes and behavior.

Abstract Thought

The ability to think about objects, principles, and ideas that are not physically present, a key component of higher-level cognition.

Conservation

In cognitive development, the understanding that properties such as volume, mass, and number remain the same despite changes in the forms or appearances of objects.