100% satisfaction guarantee Immediately available after payment Both online and in PDF No strings attached
logo-home
Previously searched by you
Previously searched by you
logo
PHI 445 Week 2 Quiz $12.48   Add to cart
Quickly navigate to
Preview
  2.  
  3. Ashford University
  4.  
  5. PHI 445 Ethics

Exam (elaborations)

PHI 445 Week 2 Quiz
 1 view  0 purchase
  • Course
  • PHI 445 Ethics
  • Institution
  • Ashford University

PHI 445 Week 2 Quiz Question 1 Which of the following statements is a criticism of capitalism? It allows too much government intervention for the purpose of monitor businesses. Centralization is an ineffective way to structure the economy. It allows large and powerful businesses to lobb...

[Show more]

Preview 1 out of 3  pages

Document information

  • December 30, 2022
  • 3
  • 2022/2023
  • Exam (elaborations)
  • Questions & answers

Subjects

  • phi 445 week 2 quiz question 1 which of the following statements is a criticism of capitalism it allows too much government intervention for the purpose of monitor businesses centralization is

Written for

  • Ashford University
  • PHI 445 Ethics
All documents for this subject (4)

Seller

avatar-seller
LECTMAGGY

Reviews received

Content preview

PHI 445 Week 2 Quiz
Question 1
Which of the following statements is a criticism of capitalism?

It allows too much government intervention for the purpose of monitor businesses.
Centralization is an ineffective way to structure the economy.
It allows large and powerful businesses to lobby the government against consumer interests.
Consumers have a difficult time taking advantage of return policies or suing for wrongdoing.

Question 2
Antitrust acts such as the Sherman Antitrust Act of 1980 were passed to protect against

forming oligopolies.
crony capitalism.
foreign competition.
reducing competition in the marketplace.

Question 3
The philosopher Adam Smith suggested that the direction of international trade should be determined by

government controls.
moral forces.
industry.
free trade.

Question 4
A few years ago, the Bolivian government leased water rights in some of the country’s poor, drought-
stricken regions to private companies, including the U.S. engineering company Bechtel. Shortly after
Bechtel took control in one area, water prices tripled, sparking protests. The privatization of water is an
example of

socialism.
crony capitalism.
free enterprise.
capitalism.

Question 5
The idea that consumers buy luxury items without considering the hard labor that went into making them
is part of the viewpoint of

The benefits of buying summaries with Stuvia:

Guaranteed quality through customer reviews

Guaranteed quality through customer reviews

Stuvia customers have reviewed more than 700,000 summaries. This how you know that you are buying the best documents.

Quick and easy check-out

Quick and easy check-out

You can quickly pay through credit card or Stuvia-credit for the summaries. There is no membership needed.

Focus on what matters

Focus on what matters

Your fellow students write the study notes themselves, which is why the documents are always reliable and up-to-date. This ensures you quickly get to the core!

Frequently asked questions

What do I get when I buy this document?

You get a PDF, available immediately after your purchase. The purchased document is accessible anytime, anywhere and indefinitely through your profile.

Satisfaction guarantee: how does it work?

Our satisfaction guarantee ensures that you always find a study document that suits you well. You fill out a form, and our customer service team takes care of the rest.

Who am I buying these notes from?

Stuvia is a marketplace, so you are not buying this document from us, but from seller LECTMAGGY. Stuvia facilitates payment to the seller.

Will I be stuck with a subscription?

No, you only buy these notes for $12.48. You're not tied to anything after your purchase.

Can Stuvia be trusted?

4.6 stars on Google & Trustpilot (+1000 reviews)

76202 documents were sold in the last 30 days

Founded in 2010, the go-to place to buy study notes for 14 years now

Start selling
$12.48
  • (0)
  Add to cart