which statement accurately describes capitalism course hero

Which statement best describes a basic tenet of capitalism?

Question 6 5 out of 5 points which statement. Question 6 5 out of 5 points Which statement accurately describes capitalism? Selected Answer: In state welfare capitalism the government plays an active role in regulating economic activities in an effort to smooth out the boom-and-bust pattern of the business cycle.

What is meant by capitalism?

Feb 06, 2015 · Question 1 5 out of 5 points Which statement accurately describes capitalism? Answer Selected Answer: Correct Answer: In state welfare capitalism the government plays an active role in regulating economic activities in an effort to smooth out the boom-and- bust pattern of the business cycle.

What does capitalism require from the government?

May 24, 2016 · Question 1 Which statement accurately describes capitalism? Correct Answer: In state welfare capitalism the government plays an active role in regulating economic activities in an effort to smooth out the boom-and-bust pattern of the business cycle.

Why do some critics of capitalism believe that it is bad?

Jun 18, 2018 · Correct Answer: competiti on. Question 13 5 out of 5 points Which of the following is an accurate statement? Answer Selected Answer: A common defense of capitalism is the argument that people have a fundamental moral right to property and that our capitalist system is simply the outcome of this natural right.

What is capitalism in economics?

a. capitalism is an economic system in which the means of production and distribution is in state hands. b. capitalism is an economic system that operates under the profit motive. c. capitalism is an economic system that dispenses with competition.

What is industrial capitalism?

a. industrial capitalism is characterized by pools, trusts, holding companies and an interpenetration of banking, insurance, and industrial interests. b. mercantile capitalism emerged in the United States in the period directly following the civil war.

What is capitalism in economics?

d. capitalism is an economic system where the profits generated belong to the state as a whole . b. capitalism is an economic system that operates under the profit motive. Marxism states. a. capitalism leads to a concentration of property and thus a concentration of resources and power in relatively few hands.

What is industrial capitalism?

a. industrial capitalism is characterized by pools, trusts, holding companies and an interpenetration of banking, insurance, and industrial interests. b. mercantile capitalism emerged in the United States in the period directly following the civil war.

What is property ownership?

Property ownership involves a generally complex bundle of rights and rules governing how, under what circumstances, and in what ways both the owner and others can use, possess, dispose of, and have access to the thing in question. a. true. b. false. a. true.

What is the basic tenet of capitalism?

A basic tenet of capitalism is that. capitalism requires private ownership of the major means of production. The concept of the "invisible hand" means. pursuit of private gain will bring the best overall results. A basic premise of Adam Smith's invisible hand argument is.

What is capitalism in economics?

Capitalism is an economic system that operates under the profit motive. Marxism states. capitalism leads to concentration of property and thus a concentration of resources and power in relatively few hands.

What is the role of government in welfare capitalism?

In state welfare capitalism the government plays an active role in regulating economic actives in an effort to smooth out the boom-and-bust pattern of the business cycle. The fugger dynasty was an example of. mercantile capitalism.