Advantages And Disadvantages of Capitalism - SS1 Economics Past Questions and Answers - page 1
1
What is one advantage of capitalism?
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A
Guaranteed access to basic necessities
B
Wealth equality
C
Economic efficiency
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2
What is one disadvantage of capitalism?
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A
Environmental degradation
B
Innovation
C
Economic stability
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3
What is one characteristic of capitalism?
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A
Centralized planning of production
B
Consumer sovereignty
C
Guaranteed social welfare
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4
How does capitalism promote economic efficiency?
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