A. gold and silver
B. the means of production machines tools materials
C. serfs
D. precious spices
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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...
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