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• D) laissez-faire government policies have been replaced by tight government regulation of business in the wake of the 2008 economic crash.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:

Voltage Drop

Voltage drop is the reduction in electrical potential across a component or conductor in an electrical circuit as current flows through it.

RLC Series Circuit

An RLC series circuit is an electrical circuit consisting of a resistor (R), an inductor (L), and a capacitor (C) connected in series, exhibiting both resistive and reactive properties.

True Power

The actual power consumed by an electrical device in watts, calculated as the product of voltage, current, and the cosine of the phase angle between them.

Applied Voltage

The external voltage applied across a component or circuit, driving current through it according to Ohm's Law.