--%>

Society based on pure capitalism

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 property rights, however relies on laissez faire policies. (iv) Regulates such regions as pollution and consumer protection.

   Related Questions in Public Economics

  • Q : Comparative Systems-Socialism I have a

    I have a problem in economics on Comparative Systems- Socialism. Please help me in the following question. From roughly 1890 till year1990 or thus, the main challenger of capitalism was: (1) Monarchy. (2) Fascism. (3) Socialism. (4) Anarchism.

  • 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 : 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 : Dealing of technical efficiency in

    Technical efficiency deals along with problems of: (w) Maximizing the value of production. (x) Curing inequity. (y) Concentrating wealth more totally. (z) Redistribution from rich to poor. Can anybody suggest me the proper explanat

  • Q : When is Scarcity a problem become

    Scarcity is a problem for: (w) poor countries merely. (x) individuals only when they are poor. (y) capitalists, but not socialists. (z) all people and countries, rich and poor alike. Can someone explain/help me wit

  • Q : Payments to entrepreneurs in

    The payments to entrepreneurs are called as: (i) Profits increasing from bearing risk and uncertainty, innovating new products and organizing production as well as processes. (ii) Rental payments by extensive land holdings. (iii) Interest through loaning money. (iv) I

  • Q : Problem on Private ownership of property

    I have a problem in economics on Private ownership of property. Please help me in the following question. The hallmarks of ‘pure’ capitalism are illustrated by the: (1) Absence of productive and allocative efficiency. (2) Interaction of th

  • Q : Esurience of economy-wide efficiency

    For a specified distribution of income, economy-wide efficiency would make sure a: (i) Redistribution to make equal income. (ii) Minimal level of pollution. (iii) Maximum level of particular identity. (iv) Maximum value for whole production.

  • Q : Problem of macroeconomics in economics

    Can anybody advise me the proper explanation for given problem regarding macroeconomics in Economics generally. In macroeconomics, where we examine all things like the: (w) problems of What, How, and For Whom. (x)

  • Q : Mixed economy of a market system

    Whenever compared to a mixed economy which relies primarily on the market system, the society which relies relatively greatly on brute force, queuing, and arbitrary selection tends to experience: (1) Powerful reducing returns. (2) Opportunity costs to drop. (3) Fast t