Capitalist Societies Share Three Basic Ideals

question 35

Multiple Choice

Capitalist societies share three basic ideals. Which of the following is NOT one of these ideals?

• A) The elements of production are privately owned.
• B) Companies are free to maximize profits and accumulate wealth.
• C) Land and resources should be owned and controlled by the state government, while production and services are in the hands of free enterprise.
• D) Free competition and consumer independence are basic to all economic activities.

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Definitions:

Parenting Style

The emotional climate and strategies used by parents in raising their children, classified into categories like authoritarian, authoritative, permissive, and uninvolved.

Autonomy

The capacity to make an informed, uncoerced decision; autonomy is often related to self-governance and freedom.

Tomato Base

A culinary ingredient or foundation made from tomatoes, used in various dishes and sauces.

Differentia

The element in a definition that specifies the attribute(s) distinguishing a species from other species of the same genus.