A. gold and silver
B. the means of production machines tools materials
C. serfs
D. precious spices
Related Mcqs:
- The high divorce rate in industrial societies related to______________?
A. the importance of religion
B. the low status of women
C. emphasis on group goals
D. the stress on values of individualism and personal goals - The Industrial Revolution was based on_______________?
A. the invention of basic machines
B. the discovery of new material
C. new sources power
D. all of the above - The Industrial Revolution began with_________________?
A. the invention of a few basic machines
B. the overthrow of the British
C. the founding of Sony in Japan
D. the proletariat in Russia - The urban trends resulting from the industrial Revolution include_________________?
A. strengthening primary ties
B. a return to Biblical religions
C. homogeneous population
D. reduced family size - As resources are shifted from one industry to another this can be shown by ?
A. An inward shift of the production possibility frontier
B. A movement along the production possibility frontier
C. An outward shift of the production possibility frontier
D. The pivoting of the production possibility frontier - A member of a Navajo tribe can graze his sheep on clan land but he cannot sell it Navajo land is what kind of property ?
A. Public
B. Private
C. Communal
D. Indian - Smith wrote that private ownership of the means of production would ?
A. create abuse
B. stimulate government control
C. stimulate economic growth as each individual tried to maximize profits
D. stifle economic growth as the markets would be flooded with merchandise - Why is the private ownership of property deemed beneficial ?
A. It is the American way
B. Greed makes the world go around
C. keeping up with the Joneses leads to success
D. None of the above - In most societies ownership of property takes one of three forms________________?
A. restricted guarded and private
B. esthetic visible tangible
C. communal private public
D. ambiguous hermetic contraceptive - The purpose of separating management from ownership is to________________?
A. secure the highest possible salaries for managers
B. ensure that the long-term interests of the corporation outweigh short-term gains
C. shield absentee owners from any and all responsibility
D. shield the board of directors from any and all responsibility