Socialism-ownership of non-human resources

Can someone please help me in finding out the right answer from the following question. A faith that most of the nonhuman resources must be owned, not by the private individuals, however instead ‘by everyone’ in common, with the govt. as trustee, is a foundation for: (1) capitalism. (2) Libertarianism. (3) Laissez-faire policies. (4) Anarchism. (5) Socialism.

View Complete Question

Related Questions in Public Economics

Q : Demonstration of scarcity in the U.S.

By which is scarcity in the U.S. economy demonstrated: (v) The "energy crisis" of the 1970s, (w) Welfare payments to impoverished families, (x) Government budgeting more funding for defence or more for education, (y) Housing shortages in Santa Monica

Q : Example of Normative Economic Goals

Please help me to solve the problem of Normative Economic Goals that is given below: Almost everybody in the world would favor a normative economic aim that people all over must have: (i) high standards of living.

Q : Illustrate when firm shuts down

When a firm shuts down within the short run,: w) its loss equals zero. x) its loss equals its fixed cost. y) is creates zero economic profit. z) its total revenue is not huge adequate to cover its fixed cost. How c

Q : Fundamental fact of scarcity I want a

I want a good answer on the topic of Economic problems. Please give me your suggestion that the basic fact of scarcity means that every decision includes: (i) Limitless time. (ii) Production costs. (iii) Restricted wants. (iv) Limitless resources (v)

Q : Market adjustments change equilibrium

A movement along the demand curve for a good would be caused through changes within: (1) preferences and tastes. (2) costs for productive resources. (3) supply which change the equilibrium price of the good. (4) expectations regarding future prices.

Q : Prohibition in illustrations of

Illustrations of normative statements would not comprise assertions which: (1) premeditated murderers deserve the death penalty. (2) Leonardo DiCaprio is a terrible actor. (3) AIDS and HIV are transmitted through sexual contact. (4) women must be paid

Q : Problem relating to the Distributive

Several parents ask children to write down lists of “things” they would like Santa to carry for Christmas, as well as to rank their “wants” in sequence. While gifts are positively associated to children’s lists, that “wish list&rdqu

Q : Major foundations of capitalism Can

Can someone help me in finding out the right answer from the given options. Major foundations of the capitalism are as: (1) Private property and laissez faire govt. (2) Government enforcement of contracts and equivalent opportunity for all. (3) The ri

Q : Example of wasted water in inefficiency

Why do people usually assume that water run on sidewalks and within the street while they water their lawns? Is that wasted water a symbol of inefficiency?

Q : FUNDAMENTAL economic problems of

Society's FUNDAMENTAL economic problems do NOT comprise deciding: (w) what goods to produce. (x) how to produce the goods selected. (y) what occupation each person must pursue. (z) who must find to use the goods produced.

Discover Q & A

Leading Solution Library

Avail More Than 1456848 Solved problems, classrooms assignments, textbook's solutions, for quick Downloads

No hassle, Instant Access

Start Discovering

18,76,764

1922756
Asked

3,689

Active Tutors

1456848

Questions
Answered

Start Excelling in your courses, Ask an Expert and get answers for your homework and assignments!!

Submit Assignment