--%>
Assignment Help - homework help

Capitalism as a decentralized decision

The idea that a virtue of the capitalism is its decentralized decision making appeared when: (i) Social philosophers looked for the alternatives to feudal kings as the economic regulators. (ii) Russian imperialism fostered anti-communist sentiment following World War I. (iii) Early Christian philosophers sought to decrease human greed. (iv) Anarchists tried to conquer late 19th Century European monarchs.

Choose the right answer from the above options.

   Related Questions in Public Economics

  • Q : Requirement of goods for economic

    I need a good answer on the topic of Economic efficiency. Please suggest me your suggestion that the need for economic efficiency which society should produce the goods people want is termed as: (i) allocative inefficiency. (ii) productive inefficiency. (iii) distribu

    		•
  • Q : Explain the positive economic statement

    A positive economic statement is one which: (w) involves scientifically testable predictions. (x) is based upon value judgments. (y) explains the world idealistically. (z) applies primarily to microeconomic data. H

    		•
  • Q : Problem on Capitalism economies I have

    I have a problem in economics on Problem on Capitalism economies. Please help me in the following question. Economies primarily based on private resource ownership and decentralized decision making are: (i) Communistic economies. (ii) Fascist economie

    		•
  • Q : Explain economic concept of scarcity in

    Can someone explain/help me with best solution about problem of economic concept of scarcity... By which economic concept of scarcity is explained in a simple fashion: (w) Our natural resources are running out. (x) Particular goods (vintage wines and rare

    		•
  • Q : Requirements of Economic Efficiency

    Economic efficiency needs: (w) distributive, productive and allocative efficiency. (x) engineering and dynamic efficiency. (y) historical and sociological efficiency. (z) chemical and physical efficiency. How can I

    		•
  • Q : Combination of land People who seek

    People who seek gains and bear risks and improbability while they combine land, capital and labor in productive ways is: (i) socialists. (ii) sole proprietors. (iii) professional managers. (iv) entrepreneurs. (v) bureaucratic capitalists.

  • Q : Determine the address of Microeconomics

    Microeconomics and Macroeconomics address: (w) exactly similar questions. (x) totally different questions. (y) incompatible sets of value judgments. (z) economic matters at somewhat different levels. How can I solv

    		•
  • Q : Explain about market buyers A buyers’

    A buyers’ market is a market in that: (w) queuing to secure goods is common. (x) the current market price is below equilibrium. (y) demand exceeds supply. (z) several sellers experience surpluses. I need a go

    		•
  • Q : Invisible hand of Adam Smith “

    “Invisible hand” of Adam Smith refers to the combined results of: (w) monopoly plus altruism. (x) democracy and freedom. (y) self-interest plus competition. (z) taxes and government regulation.

    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

    		•