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TMGT 3337 Chapter Notes - Chapter 10: United States International Trade Commission, Cengage Learning, Sherman Antitrust Act

United States

Decision Making Economics

Technology Management

South Texas College

Safety and Risk Management

<p>25) Socialism is best described as: b) c) an economy that is free from any regulation or planning an economic system with elements of both a planned economy and a market economy a kind of command economy in which the government owns and operates all industries a kind of command economy in which the government owns and operates many of the factors of production, including many large critical industries</p>

<p>Governments in Canada have influence over the economy because they a) b) collect taxes from businesses and individuals compete in some industries regulate many industries all of the above.</p>

<div>A disadvantage of the corporate form of business entity is:</div>
<div>a. mutual agency for stockholders.</div>
<div>b. unlimited liability for stockholders.</div>
<div>c. corporations are subject to more governmental regulations.</div>
<div>d. the ease of transfer of ownership.</div>

TMGT 3337 Chapter Notes - Chapter 10: United States International Trade Commission, Cengage Learning, Sherman Antitrust Act

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