The Major Discrepency Between Capitalism in Its Ideal Form and Capitalism

question 14

Multiple Choice

The major discrepency between capitalism in its ideal form and capitalism as it is practiced in the United States is

• A) huge corporations dominate the economy by controlling demand, rather than responding to the demands of the market.
• B) huge corporations dominate the economy by responding to market demands without government intervention.
• C) laissez-faire government policies allow huge corporations to fail, putting white-collar employees out of work.
• D) laissez-faire government policies have been replaced by tight government regulation of business in the wake of the 2008 economic crash.

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Definitions:

Prices

The amount of money required to purchase goods, services, or assets.

IBM Personal Computers

refers to the series of personal computers produced by IBM since 1981, marking the start of the PC era.

Apple Computers

A leading technology company known for its innovation in personal computers, smartphones, and consumer electronics, founded by Steve Jobs, Steve Wozniak, and Ronald Wayne.

Price

The amount of money required to purchase a good or service, often determined by supply and demand.