Question 1 The economic theory and system that preceded capitalism, and prompted the rise of capitalism, was: communism anarchism • mercantilism conservatism
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Mercantilism was a system in which the government controlled the economy and trade in order to increase the wealth and power of the state. Show more…
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1.Which of the following is an example of market system? Group of answer choices socialism capitalism command economy communism 2. Who owns the resources in the pure market system? Group of answer choices nobody owns the resources government private individuals public ownership 3. Vast majority of the nations in the world utilize _______________ as their economic system. Group of answer choices communism command economy socialism market system
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Akash M.
1. Marx divides society into those who _____. A. Lease property, and those who sell it B. Own property, and those who do not C. Want property, and those who buy it D. Sell property, and those who buy it 2. Marx writes that one of the most damaging effects of capitalism is the alienation it causes workers to suffer. A. TRUE B. FALSE 3. In Communist Manifesto, Marx answers the claim that abolition of private property will eliminate all motivation for working and progress by stating __________. A. There will actually be a lack of motivation in capitalist societies, where property is finite and can only be owned by a small number of people. B. Communist societies will be able to force people to maintain a strict work ethic. C. Once communism has been achieved, there will no longer be any need for people to work. D. A and C 4. Which of the following are reasons Marx uses to support the Communist principle of abolition of private property? A. 9/10 of the population do not own property anyway. B. Property turns into a social power that is able to be monopolized by one class. C. Property is acquired by the bourgeois through exploitation of proletariat labor. D. All of the above
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