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Questions and Answers
According to the principle of distribution, how should wealth be shared among those who participate in its production?
According to the principle of distribution, how should wealth be shared among those who participate in its production?
- Based on seniority
- In proportion to the value of each participant's contribution (correct)
- Randomly distributed
- Equally among all participants
What does the principle of participation imply about the right to earn a living?
What does the principle of participation imply about the right to earn a living?
- It is a natural right for every person (correct)
- It can only be earned through inheritance
- It is a privilege for a select few
- It is not a fundamental right
How can a person participate in the production of wealth?
How can a person participate in the production of wealth?
- By purchasing wealth
- By inheriting wealth
- By producing wealth or participating in its production (correct)
- By receiving wealth from others
According to the principle of limitation, what is the maximum extent of ownership of productive property allowed for an individual or household?
According to the principle of limitation, what is the maximum extent of ownership of productive property allowed for an individual or household?
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What does the principle of limitation consider to be unjust in an economy?
What does the principle of limitation consider to be unjust in an economy?
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What is the purpose of the amplification provided in the remainder of the chapter?
What is the purpose of the amplification provided in the remainder of the chapter?
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