Question 1

Is Walmart a positive or negative influence on the American economy?  Justify your position with information from Case 4.3,"One Nation under Walmart."

Accepted Answer

Walmart can be seen as both a positive a...

Question 2

The profit motive

Accepted Answer

A)  is a fundamental feature of all societies.
B)  is no longer a key feature of capitalism.
C)  must be checked by competition if society is to benefit.
D)  is basically immoral.E) C) and D)
F) A) and B)

Question 3

A basic tenet of capitalism is that

Accepted Answer

A)  property refers only to physical objects.
B)  ownership is a simple relationship between a person and the thing owned.
C)  capitalism requires private ownership of the major means of production.
D)  in the 21st century,capitalism no longer requires capital.E) None of the above
F) B) and D)

Question 4

None of the specific measures proposed by Marx and Engels in the Communist Manifesto have been implemented in capitalist countries.

Accepted Answer

A) True 
 B)False

Question 5

Which of the following historical stages of capitalism came first?

Accepted Answer

A)  financial
B)  mercantile
C)  industrial
D)  state welfareE) C) and D)
F) B) and C)

Exam 4: The Nature of Capitalism

A basic tenet of capitalism is that

Correct Answer
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Is Walmart a positive or negative influence on the American economy? Justify your position with information from Case 4.3,"One Nation under Walmart."

Correct Answer
Answered by ExamLex AI
Walmart can be seen as both a positive a...
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The profit motive

Correct Answer
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Which of the following historical stages of capitalism came first?

Correct Answer
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None of the specific measures proposed by Marx and Engels in the Communist Manifesto have been implemented in capitalist countries.

Correct Answer
verified

Exam 4: The Nature of Capitalism

A basic tenet of capitalism is that

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Is Walmart a positive or negative influence on the American economy? Justify your position with information from Case 4.3,"One Nation under Walmart."

Correct AnswerAnswered by ExamLex AIWalmart can be seen as both a positive a...View AnswerShow Answer

The profit motive

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Which of the following historical stages of capitalism came first?

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None of the specific measures proposed by Marx and Engels in the Communist Manifesto have been implemented in capitalist countries.

Correct AnswerverifiedShow Answer

Correct Answer
verified

Correct Answer
Answered by ExamLex AI
Walmart can be seen as both a positive a...
View Answer

Correct Answer
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Correct Answer
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Correct Answer
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