Describe laissez-faire capitalism

What will be an ideal response?


Laissez-faire capitalists believe that a society's real wealth can be measured only by its capacity to produce goods and services using its resources of land, labor, and machinery. These resources can best be regulated by free trade in world markets. Capitalists believe in the private ownership of property, with the owners free to do almost anything they wish with their property in order to gain profit. They further hold that the state should leave economic institutions alone.

Sociology

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Over 50% of all Vietnamese Americans live in the

a) Northeast. b) Midwest. c) South. d) North.

Sociology

Piaget’s theory of ________________ recognizes that the development of self evolves through a negotiation between the world as it exists in one’s mind and the world that exists as it is experienced socially.

a. moral development b. personality development c. generalized other d. social interaction

Sociology

The text points out that all societies have the ________ of marriage, which is a societal way of regulating heterosexual relationships.

A. habit B. ritual C. institution D. tradition

Sociology

Which of the following examples best represents word poverty?

A. a child who grows up in a home with few books and has one illiterate parent B. a child who grows up in a home filled with books and has parents who are teachers C. a family where the parents do not speak english D. a family where one parent is deaf

Sociology