capitalism
What will be an ideal response?
an economic system characterized by the private ownership of wealth-creating assets, free markets, and freedom of contract
You might also like to view...
The agents of U.S. continental expansion were largely
a. government agents. c. private citizens. b. the army. d. All of the above are true.
The constitutional protection against self-incrimination safeguards __________
a. the right to plea bargain b. symbolic speech c. the privacy of knowledge and thoughts d. the unconstitutionality of prior restraint
Which of the following best describes the delegate model of political representation?
a. Elected officials use their best judgment and expertise to make policy decisions. b. Elected officials make decisions based on what the majority of the public desires. c. Elected officials do not involve the public in decision-making at all. d. Elected officials defer to bureaucrats for their expertise in decision-making.
Which of the following is NOT true of provincial governments in South Africa?
a. They are dependent upon the central government for their revenue. b. They are generally seen as having weak and inefficient bureaucracies that result, at least in part, because of how these were created. c. Although provincial legislatures may pass laws, the National Assembly can override these laws. d. In provinces where the African National Congress (ANC) dominates, elections are a formality as the provincial premier is in reality appointed by the president. e. They have little discretion when it comes to allocating monies as their expenditures are strictly dictated by national guidelines.