6
answers
0
watching
35
views
19 Dec 2019
Which of the following is not a characteristic of pure capitalism?
(i) central planning
(ii) private property rights
(iii) competitive markets
(iv) laissez-faire policies
(v) a reliance on prices to direct resources to their best uses
Which of the following is not a characteristic of pure capitalism?
(i) central planning
(ii) private property rights
(iii) competitive markets
(iv) laissez-faire policies
(v) a reliance on prices to direct resources to their best uses
24 Nov 2022
Unlock all answers
Get 1 free homework help answer.
Already have an account? Log in
eyuLv10
20 Nov 2022
Get unlimited access
Already have an account? Log in
alizyLv10
19 Nov 2022
Get unlimited access
Already have an account? Log in
mainLv10
19 Nov 2022
Get unlimited access
Already have an account? Log in
naqvinida786Lv4
31 May 2022
Get unlimited access
Already have an account? Log in
Irving HeathcoteLv2
19 Dec 2019
Get unlimited access
Already have an account? Log in
Related textbook solutions
Related questions
Which of the following is not true about classical economists?
|
a. |
They criticized mercantilism as an economic system. |
|
b. |
They advocated laissez-faire policies to promote economic growth. |
|
c. |
They believed the economy would naturally tend toward full employment. |
|
d. |
They believed prices and wages were flexible. |
|
e. |
They sought government intervention in markets to promote fairness. |
