Which of the Following Is True of the Capitalist System

question 32

Multiple Choice

Which of the following is true of the capitalist system?

• A) The market system coordinates economic activity.
• B) It is less cumbersome then a government-operated system.
• C) It is less costly than a government-operated system.
• D) It is more responsive to society's needs.
• E) All of the above are true of a capitalist system.

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Definitions:

Reward Power

The extent to which someone uses incentives to influence the actions of others.

Subordinates

Employees who are lower in rank or position and report to a supervisor or manager.

Referent Power

The degree to which a leader can influence others through their desire to identify and be associated with them.

Reward Power

The influence a person has over others based on the ability to grant rewards.