The Economic System That Includes Private Ownership of Most Resources

question 63

Multiple Choice

The economic system that includes private ownership of most resources and the coordination of economic activity by price signals generated by market forces is

• A)capitalism
• B)socialism
• C)communism
• D)mercantilism
• E)progressivism

Understand challenges faced by cross-cultural researchers, including issues of random assignment and control.

Explore the effects of cultural practices on social and cognitive development.

Understand how culture affects cognition and logical reasoning.

Recognize the role of education, literacy, and context in categorization and reasoning abilities across cultures.

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Definitions:

North Dakota

A U.S. state located in the Upper Midwest and Northern regions, known for its vast landscapes and natural resources.

Laughing Inside

Feeling amusement or joy internally without necessarily showing it outwardly through laughter.

Biggest Hits

The most successful, popular, or acclaimed works or pieces of music by an artist or within a genre.

Tomorrow Morning

The period of time occurring after the current day transitions to the next, typically considered the first part of the day until noon.