Question and answer
Which of the following statements is true for a capitalist economy? A. Most of the businesses are owned by the government. B. The government controls most of the economy. C. The factors of production are owned mostly by the people. D. It's not practiced in the United States
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The factors of production are owned mostly by the people is true for a capitalist economy.
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Asked 11/29/2015 10:47:34 AM
Updated 11/29/2015 5:27:26 PM
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The factors of production are owned mostly by the people is true for a capitalist economy.
Added 11/29/2015 5:27:26 PM
This answer has been confirmed as correct and helpful.
Confirmed by Andrew. [11/29/2015 8:07:59 PM]
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Questions asked by the same visitor
What kind of economy does the United States have? A. Command B. Traditional C. Mixed D. Market
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Updated 11/29/2015 10:39:29 AM
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The United States have a Mixed economy.
Added 11/29/2015 10:39:29 AM
This answer has been confirmed as correct and helpful.
Which of the following statements about socialism is false? A. The government owns some large industries such as health care and the railroads. B. People still make economic decisions. C. The government tells people where to work. D. People can own private property.
Question
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Updated 6/18/2016 5:46:07 AM
1 Answer/Comment
The following statement about socialism is false: The government tells people where to work.
Added 6/18/2016 5:46:07 AM
This answer has been confirmed as correct and helpful.
Confirmed by jeifunk [6/18/2016 6:59:25 AM]
The main reason producers make things is to A. help the economy. B. pay taxes. C. make a profit on them. D. overcome shortages.
Question
Not Answered
Updated 11/29/2015 11:17:04 AM
1 Answer/Comment
The main reason producers make things is to make a profit on them.
Added 11/29/2015 11:17:04 AM
This answer has been confirmed as correct and helpful.
The market system is said to be driven by A. government controls. B. property ownership. C. self-interest. D. contracts
Question
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Updated 11/30/2015 10:18:22 AM
2 Answers/Comments
The market system is said to be driven by: SELF-INTEREST.
Added 11/30/2015 10:18:22 AM
This answer has been confirmed as correct and helpful.
Confirmed by Andrew. [11/30/2015 11:13:26 AM]
The seven individuals who run the Fed are called the A. national managers. B. Fed chairpersons. C. loan officers. D. board of governors
Question
Not Answered
Updated 11/30/2015 9:26:39 AM
1 Answer/Comment
The seven individuals who run the Fed are called the board of governors.
Added 11/30/2015 9:26:39 AM
This answer has been confirmed as correct and helpful.
Confirmed by yumdrea [11/30/2015 9:27:46 AM]
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