Question 1
pts
(TCO 6) In a 100% capitalist structure, the owners are offered what advantages?
The owners understand that their efforts are not just for them, but for society as a whole
They can make as much profit as they like, as long as they work hard and the market allows it.
They do not face the risk associated with large business ventures
A and C
B and D
All of the above
None of the above
Question 2
pts
(TCO 6) In a 100% capitalist structure, the owners face what challenges?
Their overuse of the raw resources can drive them out of business.
Overworking employees may lead to low productivity, and thus lower profits.
They are seen as equal to workers.
Understanding the demands of the market can be overwhelming.
A, B, and D
B and C
Al of the above
, POLI330N - Week 2 CO Assessment
None of the above
Question 3
pts
(TCO 6) In a 100% socialist structure, the owners would be offered what advantages?
They would never lose everything, because the government would provide for their needs.
Even if they fail, they have the opportunity to rise again by starting new companies if they only
put their minds to it.
They can use up as many raw resources they can get their hands on, allowing for more profit
potential, as long as the market allows it.
They are placed in positions that suit them, so if being owners is too hard, or if they would not be
successful in it, they would not be forced into positions in which to fail.
A and B
A and D
All of the above
None of the above
Question 4
pts
(TCO 6) In a 100% socialist structure, the owners would be faced with what challenges?
They lose the opportunity to make and hold onto extreme profits.
They assume all the financial risk if their businesses fail.
They no longer can change careers because they “feel” like it.
They lose the ability to start new companies of their own.
A and C