Question 1

Worker control socialism is a hybrid economic system with no marketplace and no profits.

Accepted Answer

A) True 
 B)False

Question 2

Capital is that money that is invested for the purpose of making more money.

Accepted Answer

A) True 
 B)False

Question 3

The Fugger dynasty was an example of

Accepted Answer

A)   industrial capitalism.
B)   mercantile capitalism.
C)   financial capitalism.
D)   globalized capitalism.

Question 4

Though many jobs are outsourced, most economists believe

Accepted Answer

A)   Mexico is the place to work.
B)   the United States is in trouble.
C)   the economy will create new jobs.
D)   manufacturing will make a comeback.

Question 5

Outsourcing is a practice where companies buy parts or whole products from other producers, both at home and abroad.

Accepted Answer

A) True 
 B)False

Exam 4: The Nature of Capitalism

The Fugger dynasty was an example of

Correct Answer
verified

Outsourcing is a practice where companies buy parts or whole products from other producers, both at home and abroad.

Correct Answer
verified

Capital is that money that is invested for the purpose of making more money.

Correct Answer
verified

Though many jobs are outsourced, most economists believe

Correct Answer
verified

Worker control socialism is a hybrid economic system with no marketplace and no profits.

Correct Answer
verified

Exam 4: The Nature of Capitalism

The Fugger dynasty was an example of

Correct AnswerverifiedShow Answer

Outsourcing is a practice where companies buy parts or whole products from other producers, both at home and abroad.

Correct AnswerverifiedShow Answer

Capital is that money that is invested for the purpose of making more money.

Correct AnswerverifiedShow Answer

Though many jobs are outsourced, most economists believe

Correct AnswerverifiedShow Answer

Worker control socialism is a hybrid economic system with no marketplace and no profits.

Correct AnswerverifiedShow Answer

Correct Answer
verified

Correct Answer
verified

Correct Answer
verified

Correct Answer
verified

Correct Answer
verified