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Who is the founder of capitalist theory?
it promises to raise the standard of living for masses of poor people.
when demand decreases, prices rise
Adam Smith
Karl Marx
capitalism
communism
were against private property
through competition
The economic system in which government involvement is most limited is
it promises to raise the standard of living for masses of poor people.
when demand decreases, prices rise
Adam Smith
Karl Marx
capitalism
communism
were against private property
through competition
Socialists
it promises to raise the standard of living for masses of poor people.
when demand decreases, prices rise
Adam Smith
Karl Marx
capitalism
communism
were against private property
through competition
Socialism seems attractive to developing nations because
it promises to raise the standard of living for masses of poor people.
when demand decreases, prices rise
Adam Smith
Karl Marx
capitalism
communism
were against private property
through competition
How does capitalism promote efficiency?
it promises to raise the standard of living for masses of poor people.
when demand decreases, prices rise
Adam Smith
Karl Marx
capitalism
communism
were against private property
through competition
All of the following describe supply and demand EXCEPT
it promises to raise the standard of living for masses of poor people.
when demand decreases, prices rise
Adam Smith
Karl Marx
capitalism
communism
were against private property
through competition
A form of socialism based on the writings of Marx and Engels that predominated in the former Soviet Union and Eastern Europe at one time and predominates in China and Cuba is
it promises to raise the standard of living for masses of poor people.
when demand decreases, prices rise
Adam Smith
Karl Marx
capitalism
communism
were against private property
through competition
Who is the founder of modern socialism?
it promises to raise the standard of living for masses of poor people.
when demand decreases, prices rise
Adam Smith
Karl Marx
capitalism
communism
were against private property
through competition
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