--%>

Building blocks for a capitalist system

Building blocks for a capitalist system comprise: (i) supplies and demands. (ii) private property rights. (iii) laissez-faire policies. (iv) market-determined prices and outputs. (v) All of the above.I need a good answer on the topic of Economic problems

2065_Institutions.png

Please give me your suggestion for the same by using above options.

   Related Questions in Public Economics

  • Q : People moods towards Positive Economics

    Average men are innately further perceptive than average women within ascertaining people’s moods and predicting behavior, when average women classically have relatively better depth perception and intrinsically more precise geometric intuition. So, the precedin

  • Q : Society based on pure capitalism Can

    Can someone help me in finding out the right answer from the given options. In a society, based on pure capitalism, the government: (i) Is completely needless, as anarchy is ideal. (ii) Specifies the production and distribution plans in detail. (iii) Enforces the prop

  • Q : Causes of an increment in the price of

    Please help me to solve the problem of price that is given below: A raise within the price of bread would: (i) Reasons more wheat to utilize to bake bread. (ii) Encourage more people to eat bread. (iii) Discourage

  • Q : When is Economics LEAST related with

    Economics like a science is LEAST related with how people: (w) try to make themselves happy. (x) utilize resources to try to satisfy their desires. (y) adjust to changes within government policies. (z) morally justify cheating upon their income taxes.

  • Q : Examples of scientifically positive

    Illustrations of scientifically positive statements would comprise the assertion that: (i) executing jaywalkers and atheists will enhance the morality of average Americans. (ii) racial prejudice and violent criminal acts are symptoms of dysfunctional

  • Q : Fundamental categories for economic

    The four fundamental categories for economic resources are: (w) matter, energy, technology and information. (x) wages, rent, interest and profits. (y) land, labor, capital and entrepreneurship. (z) machinery, energy, workers and government.

  • Q : Illustration of Economic Reasoning by

    Occam’s razor refers to the idea which while evaluating a theory: (1) good theory describes the phenomenon as simply as possible, but not moreso. (2) complexity is obvious to make sure that correct answers are reached. (3) conformity along with

  • Q : Growth and Development-Production

    The production possibilities curve might be shifted outward by: (1) Decreasing unemployment. (2) Reducing the labor force. (3) Limiting the output of capital goods. (4) Raising the amounts or productivity of the resources.

    Q : Rationally optimal decisions hinge on

    Economic scarcity is pervasive, that makes choices essential. Therefore, rationally optimal decisions hinge on tradeoffs which essentially reflect as: (1) using cooperative allocative mechanisms to minimize inequity. (2) opportunity costs. (3) competi

  • Q : Define much of a good as need at zero

    I need a good answer on the topic of free good in economic. Please give me your suggestion that when all people can consume as much of a good as they desire at zero cost, this is a: (w) welfare good. (x) bonus for buying something else. (y) surplus su