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Which nationl today is the most striking exaple of successful privatization?
Cuba
China
the workers who make them have little incentive to make them well
capatalism
Economic system
a market economy
therre is a high degree of individual freedom
market economy
Which of the following explains why products made under a command economy are more likely to be low quality?
Cuba
China
the workers who make them have little incentive to make them well
capatalism
Economic system
a market economy
therre is a high degree of individual freedom
market economy
Which country is an example of a capitalist country?
Cuba
China
the workers who make them have little incentive to make them well
capatalism
Economic system
a market economy
therre is a high degree of individual freedom
market economy
Which is an economic sysem in which private citizens own and use resources to make a profit?
Cuba
China
the workers who make them have little incentive to make them well
capatalism
Economic system
a market economy
therre is a high degree of individual freedom
market economy
_______________________ is an efficient way of allocating resources an dproducing and distributing goods and services in a society.
Cuba
China
the workers who make them have little incentive to make them well
capatalism
Economic system
a market economy
therre is a high degree of individual freedom
market economy
In which of these systems is the government MOST likely to provide people iwth goods and servics they could not otherwise afford?
Cuba
China
the workers who make them have little incentive to make them well
capatalism
Economic system
a market economy
therre is a high degree of individual freedom
market economy
Which of these is a major advantage of a market economy?
Cuba
China
the workers who make them have little incentive to make them well
capatalism
Economic system
a market economy
therre is a high degree of individual freedom
market economy
Which is a system in which eonomic activity is driven by supply, demand, and the price system?
Cuba
China
the workers who make them have little incentive to make them well
capatalism
Economic system
a market economy
therre is a high degree of individual freedom
market economy
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