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Questions and Answers
Under the Economic Democracy Act, how is the per-citizen capital credit allotment determined each year?
Under the Economic Democracy Act, how is the per-citizen capital credit allotment determined each year?
- By adding the total annual US capital formation increment to the total US population
- By dividing the total annual US capital formation increment by the total US population (correct)
- By subtracting the total annual US capital formation increment from the total US population
- By multiplying the total annual US capital formation increment by the total US population
What does the Economic Democracy Act aim to do?
What does the Economic Democracy Act aim to do?
- Take away capital assets from current owners
- Enable every citizen to acquire shares in new productive capital (correct)
- Increase taxes for every citizen
- Provide businesses with loans to produce more goods and services
What type of investments does the Economic Democracy Act provide businesses with?
What type of investments does the Economic Democracy Act provide businesses with?
- Government grants
- Debt investments
- Equity investments (correct)
- Venture capital
According to the Economic Democracy Act, what must the enterprise do with the profits earned on the shares purchased by citizens?
According to the Economic Democracy Act, what must the enterprise do with the profits earned on the shares purchased by citizens?
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What happens to the Capital Ownership shares as long as they remain in the tax-sheltered Capital Ownership Account?
What happens to the Capital Ownership shares as long as they remain in the tax-sheltered Capital Ownership Account?
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What is the purpose of the feasibility analysis conducted before each loan is made?
What is the purpose of the feasibility analysis conducted before each loan is made?
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What happens to the original money created within the Economic Democracy process?
What happens to the original money created within the Economic Democracy process?
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