When People Refer to the American Free-Enterprise System,they Are Talking

question 13

Multiple Choice

When people refer to the American free-enterprise system,they are talking about an economic system known as __________.

• A)Keynesianism
• B)capitalism
• C)marketism
• D)modified socialism
• E)oligopoly

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Definitions:

Self-actualization

A concept in psychology referring to the realization or fulfillment of one's talents and potentialities, considered as a drive or need present in everyone.

Social-cognitive Learning

A theory that suggests learning occurs in a social context and involves observational learning, imitation, and modeling.

Narrative

A spoken or written account of connected events; a story.

Humanist

A person or perspective emphasizing the value and agency of human beings, individually and collectively, often associated with ethical, cultural, and social concerns.