The economic participant who decides how to use the factors of production and for what purpose in called a________________?

Related Mcqs:

Which is NOT a type of social differentiation ?

A. Stratification B. Ethnicity and race C. Head shape and eye color D. Sex and age...

Admiration of power and intolerance of differences is linked to a_________________?

A. Democratic personality B. unprejudiced personality C. authoritarian personality D. totalitarian personality...

Which of the following statements is true ?

A. Most of the health problems associated with growing old pose serious problems by the age of 65 B. A majority of the elderly live in nursing homes C. Young workers perform far better than elderly workers which is why employers prefer tham D. none of the above...

Most population experts_______________?

A. expect the growth rate to remain constant B. expect population to level off at between 8 and 15 billion people C. have written off the Malthusian prophecy altogether D. believe that a high fertility rate continues to be necessary in the developing nations...

By “dependent relations” globalists mean_______________?

A. the legitimacy of nation -states depends upon propaganda and internal surveillance B. industrial nations depend upon raw materials located in no-industrial nations C. Third-World countries are maintained in a state of dependency by First-and Second- World nations D. the effectiveness of the United Nations depends upon a cohesive Security Council...