10 Questions
Which term is another name for for-profit Citizens Land Development Cooperatives (CLDCs)?
Community Investment Corporations (CICs)
What would be enshrined as a fundamental right of citizenship through the Economic Democracy Act?
Access to capital credit
How would citizens purchase newly issued shares representing newly added machines and structures?
With interest-free capital credit
What are the two main things that produce wealth in today's society?
Land and technology
What is the relationship between economic power and political power, according to the text?
They are closely tied
Why do poor people and most non-property-owning workers have insecure subsistence incomes, according to the text?
Their jobs do not generate much wealth
What is the purpose of the Economic Democracy Act?
To provide every American with equal access to capital ownership
How much could every child born today gain by age 65 under the Economic Democracy Act?
All of the above
What is the alternative proposed in the text that is neither socialism nor capitalism?
A free enterprise economy
How could every citizen gain a capital income and economic power?
By owning shares in companies that use advanced technology
Test your knowledge on economic democracy and the redistribution of wealth with this quiz. Explore the concept of ownership, income, and power for every citizen, and understand the role of land and technology in today's economy.
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