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The Protestant Ethic supported capitalism through the religious doctrine that praised_________________?

August 5, 2021June 26, 2019 by QuizMaster
The Protestant Ethic supported capitalism through the religious doctrine that praised_________________?

A. hard work and thrift
B. predestination
C. turning the other cheek
D. buying indulgences

Categories Miscellaneous Economics Mcqs

In contemporary market systems competition____________________?

August 5, 2021June 26, 2019 by QuizMaster
In contemporary market systems competition____________________?

A. is quite strong
B. is diluted by private and state monopolies
C. does not exist
D. has been replaced by planning

Categories Miscellaneous Economics Mcqs

The market system consists of planning by__________________?

August 5, 2021June 26, 2019 by QuizMaster
The market system consists of planning by__________________?

A. inducement
B. direction
C. command
D. tradition

Categories Miscellaneous Economics Mcqs

Specialized division of labor in industrial societies can make workers feel that they_______________?

August 5, 2021June 26, 2019 by QuizMaster
Specialized division of labor in industrial societies can make workers feel that they_______________?

A. have lack of control
B. have no sense of accomplishment
C. are an anonymous group
D. all of the above

Categories Miscellaneous Economics Mcqs

Efficiency in economic terminology means________________?

August 5, 2021June 26, 2019 by QuizMaster
Efficiency in economic terminology means________________?

A. using existing technology
B. obtaining the highest output in the least amount of time
C. ignoring the time factor
D. making do with as few workers as possible

Categories Miscellaneous Economics Mcqs

Which economic orientations govern Western industrial societies ?

August 5, 2021June 26, 2019 by QuizMaster
Which economic orientations govern Western industrial societies ?

A. Tradition
B. Command
C. Free Market
D. BOTH market and command

Categories Miscellaneous Economics Mcqs

The main problem facing societies with a surplus is_____________________?

August 5, 2021June 26, 2019 by QuizMaster
The main problem facing societies with a surplus is_____________________?

A. how to get rid of it
B. what to produce how produce it and for whom to produce it
C. there is no problem it is divided equally
D. how to keep it away from enemies

Categories Miscellaneous Economics Mcqs

The numbers of PACs ?

August 5, 2021June 26, 2019 by QuizMaster
The numbers of PACs ?

A. doubled since 1974
B. tripled since 1074
C. quadrupled since 1974
D. increased nearly sevenfold since 1974

Categories Miscellaneous Economics Mcqs

The foremost advantage of a corporation is its_____________?

August 5, 2021June 26, 2019 by QuizMaster
The foremost advantage of a corporation is its_____________?

A. ability to accumulate vast amounts of capital in a short time
B. capacity for protracted periods of employment
C. ability to profit from the labor of its employees
D. necessity to exhibit the latest technology

Categories Miscellaneous Economics Mcqs

In most societies ownership of property takes one of three forms________________?

August 5, 2021June 26, 2019 by QuizMaster
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

Categories Miscellaneous Economics Mcqs
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