Micro Economics For Today
10th Edition
ISBN: 9781337613064
Author: Tucker, Irvin B.
Publisher: Cengage,
expand_more
expand_more
format_list_bulleted
Question
Chapter 16, Problem 12SQ
To determine
The society under the communist ideology.
Expert Solution & Answer
Want to see the full answer?
Check out a sample textbook solution
Students have asked these similar questions
ECONOMICS BACKGROUND/KEY TERMS/IDEOLOGY AND CONCEPTS/SIMILARITIES/DIFFERENCES
Marxian
22) In a free-market system,
A) all economic decisions are made without government intervention.
B) modified capitalism is the norm.
C) laissez-faire capitalism is absent.
D) government regulates business.
E) central government planning determines what goods and services satisfy citizens'
22)
needs.
The book that best established Marx as a classical economist is
a) The Communist Manifesto
b) None of these. Classical economists were all supporters of capitalism and
laissez-faire.
c) Das Kapital
d) The Wealth of Nations
Chapter 16 Solutions
Micro Economics For Today
Ch. 16.3 - Prob. 1YTECh. 16.3 - Prob. 2YTECh. 16.3 - Prob. 1GECh. 16.3 - Prob. 2GECh. 16 - Prob. 1SQPCh. 16 - Prob. 2SQPCh. 16 - Prob. 3SQPCh. 16 - Prob. 4SQPCh. 16 - Prob. 5SQPCh. 16 - Prob. 6SQP
Ch. 16 - Prob. 7SQPCh. 16 - Prob. 8SQPCh. 16 - Prob. 1SQCh. 16 - Prob. 2SQCh. 16 - Prob. 3SQCh. 16 - Prob. 4SQCh. 16 - Prob. 5SQCh. 16 - Prob. 6SQCh. 16 - Prob. 7SQCh. 16 - Prob. 8SQCh. 16 - Prob. 9SQCh. 16 - Prob. 10SQCh. 16 - Prob. 11SQCh. 16 - Prob. 12SQCh. 16 - Prob. 13SQCh. 16 - Prob. 14SQCh. 16 - Prob. 15SQCh. 16 - Prob. 16SQCh. 16 - Prob. 17SQCh. 16 - Prob. 18SQCh. 16 - Prob. 19SQCh. 16 - Prob. 20SQ
Knowledge Booster
Similar questions
- Which of the following statement are not consistent with the Heterodox economists' view of individual behavior? Shaped by institutions. Oa. Determined by culture. Ob. Follows social norms for the best survival of the group. Oc. Self-interested. Od.arrow_forwardPros and cons of classical school of thoughtarrow_forwardMatch the following socialists with their "type or flavor" of socialism. ✓ This person is closely linked top "pragmatic" socialism. ✓ Most closely associated with "inefficient" socialism. ✓ Most closely associated with "market" socialism. Most closely associated with "oppressive" socialism. Most closely associated with "utopian" socialism. A. Oskar Lange B. F. von Hayek C. Saint-Simon, Robert Owen D.J. Stalin E. V. Leninarrow_forward
- Which of the following is an advantage of socialist economy? a. Economic stability b. Bureaucratic expansion c. Presence of monopoly d. Maximization of profitarrow_forwardPlease help me connect the transformation of aswang in the views of Karl Marx, Durkheim, and weber. Please focus about societyarrow_forwardHong Kong is a country characterized by low tax rates and limited government services. What type of economy is this? a marketb. commandc. laissez-faired. socialiste. none of the abovearrow_forward
- Under socialism options: a) people are incentivized to innovate b) central planners determine the allocation of scarce resources in the economy. c) wealth is equally distributed among the entire population d) prices are set bya free market Note:- Do not provide handwritten solution. Maintain accuracy and quality in your answer. Take care of plagiarism. Answer completely. You will get up vote for sure.arrow_forwardIn the United States there is a great difference between the highest and lowest paid individuals. Because of this difference, the United States is a(n) a. individualist culture. b. culture with a long-term orientation. c. culture with low power distance. d. culture with low uncertainty avoidance. e. feminine culture.arrow_forwardSolve Economic question. But not the copy paste.arrow_forward
- Solve Economic question.But not the copy paste.arrow_forwardThe individualism view of capitalism assumes that individuals are inherently self-serving, but neither decent nor rational. Select one: O True Falsearrow_forwardWhich of the following arguments would a Marxist be most likely to make? A. Class warfare has been supplanted by ethnic warfare. B. Communist revolutions are no longer possible. C. The key to promoting democracy is to first examine its subtext. D. The global North is exploiting the global South.arrow_forward
arrow_back_ios
SEE MORE QUESTIONS
arrow_forward_ios
Recommended textbooks for you
