Business, 06.10.2019 04:30 hbked23

Which of the following statements is least likely to apply to economic or social liberals? they prefer a smaller role for government in upholding social and cultural traditions. they favor more government spending for the poor. they favor government activism in the area of distribution of economic benefits. they believe that government should be used to promote traditional values. they believe lifestyle choices should be left to the individual.

Answers: 3

Show answers

Answers

The most improbable choice of a statement with economic or social liberals is They prefer a smaller role for the government in upholding social and cultural traditions.

Further explanation

The economic system is a way used by a country to solve or face problems in the economic field. Each country has a different economic system, depending on the situation and conditions that are happening in the country.

The economic system has several functions, including the following:

As a provider of encouragement to produce. Function in coordinating the activities of individuals in an economy. As a regulator in the distribution of production results across all members of the community so that it can be carried out as expected Creating certain mechanisms so that the distribution of goods and services runs well.

The economic system consists of several types, as follows:

Traditional Economic System

A system in the organization of economic life based on habits, traditions of society for generations that rely on factors of production as is. The advantage of the traditional economic system is the spirit of kinship and honesty of each individual in meeting their needs.

Centralized Economic System

A centralized economic system is an economic system in which the government has dominant power in regulating economic activity. Mastery is carried out through restrictions on economic activities undertaken by community members.

Liberal Economic System

The economic system is based on the widest possible freedom for all people in economic activity without interference from the government. The basis of this economic system is generally aimed at seeking personal gain without the presence of other parties that need to be considered.

Mixed Economic System

The mixed economic system is an economic system, on the one hand, the government gives freedom to the community to try to do economic activities, but on the other hand, the government has the right to participate in the economy to avoid economic control of certain groups of people.

Learn more

Economic system ,

Details

Class: College

Subject: Bussines

Keywords: Liberal economic system, social-economic system.

Answer from: Quest

Renting provides greater flexibility but can lead to higher costs in the long term.answer: b) or the second option.

Answer from: Quest

Iwould say the answer is 4.

Another question on Business

Business, 22.06.2019 12:30

land, a building and equipment are acquired for a lump sum of $ 1,000,000. the market values of the land, building and equipment are $ 300,000, $ 800,000 and $ 300,000, respectively. what is the cost assigned to the equipment? (do not round any intermediary calculations, and round your final answer to the nearest dollar.)

Answers: 1

Answer

Business, 22.06.2019 21:40

Which of the following comes after a period of recession in the business cycle? a. stagflation b. a drought c. a boom d. recovery

Answers: 1

Answer

Business, 22.06.2019 23:50

Cash flows during the first year of operations for the harman-kardon consulting company were as follows: cash collected from customers, $360,000; cash paid for rent, $44,000; cash paid to employees for services rendered during the year, $124,000; cash paid for utilities, $54,000.in addition, you determine that customers owed the company $64,000 at the end of the year and no bad debts were anticipated. also, the company owed the gas and electric company $2,400 at year-end, and the rent payment was for a two-year period.calculate accrual net income for the year.

Answers: 2

Answer

Business, 23.06.2019 09:50

If art has a 7/1 arm, how long will the fixed interest rate be applied to his loan?

Answers: 3

Answer

You know the right answer?

Which of the following statements is least likely to apply to economic or social liberals? they pre...

Questions