Which of the Following Would Not Be Emphasized in a Capitalist

question 71

Multiple Choice

Which of the following would not be emphasized in a capitalist economy?

• A) Private ownership of capital and other resources
• B) Competition and decentralized decisions
• C) Reliance on market forces to coordinate economic activity
• D) Prevention of owners of capital from exposing this resource to risk

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Definitions:

Constitution

Essential rules or conventional norms that dictate how a state or similar body is managed.

Republican Party

An alternative name for Republicans, emphasizing its role as one of the two major political parties in the United States, also known as the GOP (Grand Old Party).

Jay's Treaty

A 1794 agreement between the United States and Great Britain that sought to resolve outstanding issues from the Treaty of Paris (1783) and facilitated ten years of peaceful trade between the two nations.

Bank of the United States

A central bank chartered by the United States Congress at two different periods, the first from 1791 to 1811 and the second from 1816 to 1836, to handle the government's transactions.