The General Set of Rights to Own Private Property and Exchange

question 198

Multiple Choice

The general set of rights to own private property and exchange goods, services, and financial assets with minimal government interference is defined as

• A) capitalism.
• B) market socialism.
• C) economic freedom.
• D) economic privilege.

---

Definitions:

Deficit Principle

A concept in motivational theory suggesting that a satisfied need is not a motivator of behavior; individuals are motivated to fulfill unmet needs.

Motivator of Behaviour

Any stimulus that drives an individual to engage in a particular behavior, often aimed at achieving a specific outcome or reward.

Progression Principle

In fitness and training, the idea that the intensity and duration of exercise should increase gradually over time for optimal improvement.