Capitalism and socialism - Study guides, Class notes & Summaries

BUS 404 Stern Midterm 1 (Ch. 1-3) Actual Exam Questions | 100% Correct Answers | Verified 2024 Version The American financial community's near collapse in late 2008 had been most directly ignited by the subprime mortgage-crisis - True Capitalism in American was built on the strong philosophical foundation of personal freedom and private property rights - True Democratic capitalism and state capitalism trade with each other for mutual advantage but are economic and political riva...

Revolutionary socialists - ANSWER-Marx and Engels Rosa Luxemburg Social democrats - ANSWER-Beatrice Webb Anthony Crosland Third way socialists - ANSWER-Anthony Giddens Marx and Engles - human nature - ANSWER-human nature, originally fraternal and altruistic, has been contaminated by capitalism, instilling the 'false consciousness' of bourgeois values Marx and Engles - the state - ANSWER-the existing liberal bourgeois state is a tool of the dominant capital class, it must be destr...

PHI445 Week 2 Discussion, Capitalism and Socialism Case Study: Uber (Two Responses)

PSCI 1100 Study Set Questions with Correct Answers What is capitalism? - Answer-A form of property ownership in which - Property can be bought and sold - Businesses and be formed and compete - Profits can be made Businesses can hire labour for wages Dahls arguments for capitalism strengthening democracy - Answer-Capitalism protects individual freedoms because it requires individuals to be free to buy and sell property and to innovate capitalism is based on inequality between capital...

The American financial community's near collapse in late 2008 had been most directly ignited by the subprime mortgage-crisis - True Capitalism in American was built on the strong philosophical foundation of personal freedom and private property rights - True Democratic capitalism and state capitalism trade with each other for mutual advantage but are economic and political rivals - True Capitalism features economic cooperation and varying degrees of centralized control - False The term c...

Abdicate - Answer to resign; formally give up an office or a duty Allies - Answer alliance of nations joining together to fight a common enemy Armaments - Answer weapons and supplies of war with which a military unit is equipped Armistice - Answer state of peace agreement between opponents so they can discuss peace terms Atomic Energy - Answer energy created when the nucleus of atoms join together or split apart; used in atomic bombs Capitalism - Answer economic ...

Business Management FINAL EXAMS [100% PASS] /verified/ Business *Ans* The organized effort of individuals to produce and sell, for a profit, the goods and services that satisfy society's needs. What are the four resources a business needs in order to be successful? *Ans* Human resources, material resources, informational resources, and financial resources. What do service businesses do? *Ans* They provide services. Ex: Haircuts, legal advice, tax preparation, etc. Intermediary *Ans* ...

RNAS C Practice Test Review 437 Questions with Verified Answers A capacitor and resisitor in parallel - CORRECT ANSWER will have same voltage across since in parallel. if in series, voltage drops would occur they can be treated together If the absolute pressure of a gas is increased from 3 atm to 4 atm at constant volume, then the absolute temperature of the gas will increase by: A. 25%. B. 33%. C. 67%. D. 75% - CORRECT ANSWER B. Assuming the validity of the Ideal-Gas law, PV = n...

BCOR 1015 Final Questions and Answers Graded A What are Hayeks views on planning and decision making? he believes in decentralized knowledge HAYEK: what is decentralized knowledge? spreading knowledge amongst people is Hayek against centralization? yes HAYEK: how does the price system coordinate resources? price signals are used to make decisions and send information to other groups because prices are lower or higher what are price signals? signals wrapped up in incentives; prices can consta...

The sociocultural evolution approach developed by Gerhard Lenski categorizes preindustrial societies according to the way in which the ________ is organized. - economy Which type of society relies chiefly on mechanization for the production of its economic goods and services? - industrial society A society such as France or Italy that has an economy based on the production of goods in factories through mechanization would be an example of a(n) ________ society. - industrial What are the tw...