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Questions and Answers
What is the main economic system in the United States?
What is the main economic system in the United States?
- Socialism
- Capitalism (correct)
- Monopolies
- Laissez-faire
What determines the market price for goods or services?
What determines the market price for goods or services?
- Supply and demand (correct)
- Human capital
- Physical capital
- Land
Who is the father of socialism and communism?
Who is the father of socialism and communism?
- Hugo Chavez
- Josef Stalin
- Karl Marx (correct)
- None of the above
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