Ask Question
BusinessBusiness
15 May, 02:04

Which of the following is a basic right under capitalism? a. Freedom from taxation. b. Freedom of collusion. c. The right to vote. d. The right to compete.

+5
Answers (1)
  1. 15 May, 02:05
    0
    Letter d is correct. The right to compete.

    Explanation:

    Capitalism is an economic system characterized by the legitimacy of private goods and the freedom of industry and commerce to generate and acquire profits.

    Some of the features of this system are: Capital accumulation A pricing system Competitive markets Salaried work

    So the correct alternative to this question is letter d, the right to compete.

    Competition is one of the characteristics that underlie the capitalist system, through the market economy and the law of supply and demand, companies can commercialize their products and services without much interference from the State and according to their needs and competitive strategies to increase profitability.
Know the Answer?
Not Sure About the Answer?
Find an answer to your question 👍 “Which of the following is a basic right under capitalism? a. Freedom from taxation. b. Freedom of collusion. c. The right to vote. d. The ...” in 📗 Business if the answers seem to be not correct or there’s no answer. Try a smart search to find answers to similar questions.
Search for Other Answers
You Might be Interested in
Your broker has recommended that you purchase stock in National Bank & Trust, Inc. National Bank & Trust recently paid its annual dividend of $8. Dividends have consistently grown at a rate of 3.80%. Analysts estimate that the stock has a beta of 1.
Answers (1)
Theoretically, what would happen if a nation had an unlimited supply of a certain resource? Why
Answers (1)
A market that is dominated by a few firms is called a (n) Select one: a. gerontology. b. theocracy. c. biopsy. d. oligopoly.
Answers (2)
T/f the average company hears from over 96% of its unhappy customers. a. True b. False
Answers (1)
When hiring a new employee, it's important to do all of the following exceptwhich one?
Answers (1)
New Questions in Business
Menu costs refers to a. the distortion in incentives created by inflation when taxes do not adjust for inflation. b. resources used by people to maintain lower money holdings when inflation is high. c.
Answers (1)
Consider once again the project with the cash flows described below. Determine whether this is a simple or non - simple investment AND how many possible values of i * exist using the Accumulated Cash Flow Sign Test.
Answers (1)
Which of the following goods best fit the characteristics of a private good? a. national defense b. fire protection c. an ice-cream cone d. a professor giving a lecture in a large classroom e. disease prevention
Answers (1)
Zwick Company bought 26,500 shares of the voting common stock of Handy Corporation in January 2018. In December, Handy announced $ 205,200 net income for 2018 and declared and paid a cash dividend of $ 6 per share on all 203,000 shares of its
Answers (1)
Movie studios use market research to reduce their risk of losses by hiring firms such as the National Research Group to conduct test screenings and tracking studies.
Answers (1)
Home » Business » Which of the following is a basic right under capitalism? a. Freedom from taxation. b. Freedom of collusion. c. The right to vote. d. The right to compete.
Sign Up Forgot Password?