A. Short-Answer, Essays, and Problems
the term â€œlaissez faire capitalism.â€
what is meant by a command economy.
3. Evaluate the statement:
â€œThe government should have no place in a capitalistic market system.â€
nine characteristics of the market system.
5. Why is the right of
private property an essential characteristic of a market system?
role does freedom play in capitalism?
How important is it to the operation of a competitive market economy?