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
Related Mcqs:
- 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 - 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 Industrial Revolution shifted the emphasis in ownership from land to______________?
A. gold and silver
B. the means of production machines tools materials
C. serfs
D. precious spices - 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 - The most numerous forms of business ownership in the United States is the________________?
A. partnership
B. subchapter S corporation
C. sole survivorship
D. sole proprietorship - Companies in the private sector are owned by ?
A. The government
B. Shareholders
C. Employees
D. The community - According to the labeling theory which of the following concepts explains why a labeled individual becomes deviant ?
A. Resocialization
B. Ethnocentrism
C. Self-fulfilling prophecy
D. Rebellion - What does one call property owned by the state in the name of the people ?
A. public
B. private
C. common law
D. communal - 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 - Property is defined in terms of rights of_________________?
A. Ownership
B. consumption
C. distribution
D. production
