,DOWNLOAD THE Test Bank for Canadian Business & Society Ethics Respon
n n n n n n n n n n
sibilities and Sustainability 5th Edition Sexty
n n n n n
Chaptern 02 n -n Ethicsn and n Capitalism
Chapter 02 n
n Ethics and Capitalism
n n
Truen/nFalsenQuestions
1. Canada'sn economyn primarilyn operatesn inn an privaten market n system.
TRUE
Accessibility: nKeyboardnNavigationn Difficul
ty: n Easy
Learning n Objective: n 02-
01 n Enumeraten and n discussn then eightn fundamentalsn ofn a n capitalistn businessn system.n Topic: n 02-
01 n Introduction n to n then Fundamentalsn ofn Capitalism
2. It n isn argued n that nthenprivaten systemn isn lessn cumbersomen and n lessn costlyn tonrunn thannan centr
alized,n government-
operated n system,n and nthat nit nisn moren responsiven ton society'snneedsn becausen it nallowsn individu
alsn and n businessn corporationsn ton ben moren innovative.
TRUE
Accessibility: nKeyboardnNavigationn Difficul
ty: n Medium
Learning n Objective: n 02-
01 n Enumeraten and n discussn then eightn fundamentalsn ofn a n capitalistn businessn system.n Topic: n 02-
01 n Introduction n to n then Fundamentalsn ofn Capitalism
3. Muchn of n then theorynof nthenclassicaln capitalist n systemn isn based n onn then philosophicaln underpi
nningsn of n then Americann system,n but nisn equallyn applicablen tonthenCanadiann economy.n FALSE
Accessibility: nKeyboardnNavigationn Difficul
ty: n Easy
Learning n Objective: n 02-
01 n Enumeraten and n discussn then eightn fundamentalsn ofn a n capitalistn businessn system.n Topic: n 02-
01 n Introduction n to n then Fundamentalsn ofn Capitalism
2-1
mynursytest.store
,DOWNLOAD THE Test Bank for Canadian Business & Society Ethics Respon
n n n n n n n n n n
sibilities and Sustainability 5th Edition Sexty
n n n n n
Chaptern 02 n -n Ethicsn and n Capitalism
4. Capitalismn requiresn an strongn ethicaln system,n asn without n it,n then justicen systemn willn intervene.
TRUE
Accessibility: nKeyboardnNavigationn Difficul
ty: n Easy
Learning n Objective: n 02-
01 n Enumeraten and n discussn then eightn fundamentalsn ofn a n capitalistn businessn system.n Topic: n 02-
01 n Introduction n to n then Fundamentalsn ofn Capitalism
5. Individualsn and nenterprisesn haven beennallowed nton accumulaten capitalnwealth,nwhichnhasn lednt
on ann evenn distributionn of n wealthn amongn membersn of n society.
FALSE
Accessibility: nKeyboardnNavigationn Difficul
ty: n Medium
Learning n Objective: n 02-
02 n Definen then rightn ofn privaten propertyn and n identifyn ethicaln implicationsn associated n with n it.n Topic: n 02-
02 n Then Rightn to n Privaten Property
6. "It'sn myn land!"n exclaimed n then farmer,n respondingn ton thenenvironmentalists.n "If n In want ntoncut nd
ownn everyn singlen treen onn it,nthisn isn myn right."n Then farmern isn claimingn then fundamentaln right n of n ca
pitalism—then right n of n privaten property.
TRUE
Accessibility: nKeyboardnNavigationn Difficul
ty: n Medium
Learning n Objective: n 02-
02 n Definen then rightn ofn privaten propertyn and n identifyn ethicaln implicationsn associated n with n it.n Topic: n 02-
02 n Then Rightn to n Privaten Property
7. Fortunately,n inn Canadan theren isnann equitablendistributionn of nwealthn amongnmembersn of ns
ociety.
FALSE
Accessibility: nKeyboardnNavigationn Difficul
ty: n Easy
Learning n Objective: n 02-
02 n Definen then rightn ofn privaten propertyn and n identifyn ethicaln implicationsn associated n with n it.n Topic: n 02-
02 n Then Rightn to n Privaten Property
2-2
mynursytest.store
, DOWNLOAD THE Test Bank for Canadian Business & Society Ethics Respon
n n n n n n n n n n
sibilities and Sustainability 5th Edition Sexty
n n n n n
Chaptern 02 n -n Ethicsn and n Capitalism
8. Most n of n then naturaln resourcesn inn Canadan aren privatelyn owned.
FALSE
Accessibility: nKeyboardnNavigationn Difficul
ty: n Easy
Learning n Objective: n 02-
02 n Definen then rightn ofn privaten propertyn and n identifyn ethicaln implicationsn associated n with n it.n Topic: n 02-
02 n Then Rightn to n Privaten Property
9. Onen wayn toncorrect n thenunevenn distributionn ofnwealthnamongn membersn of nsocietynisn forntheng
overnment n ton becomen involved n orn ton abridgen then right n of n privaten property.
TRUE
Accessibility: nKeyboardnNavigationn Difficul
ty: n Medium
Learning n Objective: n 02-
02 n Definen then rightn ofn privaten propertyn and n identifyn ethicaln implicationsn associated n with n it.n Topic: n 02-
02 n Then Rightn to n Privaten Property
10. Intellectualn property,n suchn asn annartist'sn ownershipn of n music,n isn becomingn increasinglyn i
mportant n inn Canada.
TRUE
Accessibility: nKeyboardnNavigationn Difficul
ty: n Easy
Learning n Objective: n 02-
02 n Definen then rightn ofn privaten propertyn and n identifyn ethicaln implicationsn associated n with n it.n Topic: n 02-
02 n Then Rightn to n Privaten Property
11. Then 1999n Firstn Nationsn Landn Managementn Actn isn thenmost nrecent n attempt ntonupdatenthenp
ropertyn regimen contained n withinn then Indiann Act.
TRUE
Accessibility: nKeyboardnNavigationn Difficul
ty: n Hard
Learning n Objective: n 02-
02 n Definen then rightn ofn privaten propertyn and n identifyn ethicaln implicationsn associated n with n it.n Topic: n 02-
02 n Then Rightn to n Privaten Property
2-3
mynursytest.store
n n n n n n n n n n
sibilities and Sustainability 5th Edition Sexty
n n n n n
Chaptern 02 n -n Ethicsn and n Capitalism
Chapter 02 n
n Ethics and Capitalism
n n
Truen/nFalsenQuestions
1. Canada'sn economyn primarilyn operatesn inn an privaten market n system.
TRUE
Accessibility: nKeyboardnNavigationn Difficul
ty: n Easy
Learning n Objective: n 02-
01 n Enumeraten and n discussn then eightn fundamentalsn ofn a n capitalistn businessn system.n Topic: n 02-
01 n Introduction n to n then Fundamentalsn ofn Capitalism
2. It n isn argued n that nthenprivaten systemn isn lessn cumbersomen and n lessn costlyn tonrunn thannan centr
alized,n government-
operated n system,n and nthat nit nisn moren responsiven ton society'snneedsn becausen it nallowsn individu
alsn and n businessn corporationsn ton ben moren innovative.
TRUE
Accessibility: nKeyboardnNavigationn Difficul
ty: n Medium
Learning n Objective: n 02-
01 n Enumeraten and n discussn then eightn fundamentalsn ofn a n capitalistn businessn system.n Topic: n 02-
01 n Introduction n to n then Fundamentalsn ofn Capitalism
3. Muchn of n then theorynof nthenclassicaln capitalist n systemn isn based n onn then philosophicaln underpi
nningsn of n then Americann system,n but nisn equallyn applicablen tonthenCanadiann economy.n FALSE
Accessibility: nKeyboardnNavigationn Difficul
ty: n Easy
Learning n Objective: n 02-
01 n Enumeraten and n discussn then eightn fundamentalsn ofn a n capitalistn businessn system.n Topic: n 02-
01 n Introduction n to n then Fundamentalsn ofn Capitalism
2-1
mynursytest.store
,DOWNLOAD THE Test Bank for Canadian Business & Society Ethics Respon
n n n n n n n n n n
sibilities and Sustainability 5th Edition Sexty
n n n n n
Chaptern 02 n -n Ethicsn and n Capitalism
4. Capitalismn requiresn an strongn ethicaln system,n asn without n it,n then justicen systemn willn intervene.
TRUE
Accessibility: nKeyboardnNavigationn Difficul
ty: n Easy
Learning n Objective: n 02-
01 n Enumeraten and n discussn then eightn fundamentalsn ofn a n capitalistn businessn system.n Topic: n 02-
01 n Introduction n to n then Fundamentalsn ofn Capitalism
5. Individualsn and nenterprisesn haven beennallowed nton accumulaten capitalnwealth,nwhichnhasn lednt
on ann evenn distributionn of n wealthn amongn membersn of n society.
FALSE
Accessibility: nKeyboardnNavigationn Difficul
ty: n Medium
Learning n Objective: n 02-
02 n Definen then rightn ofn privaten propertyn and n identifyn ethicaln implicationsn associated n with n it.n Topic: n 02-
02 n Then Rightn to n Privaten Property
6. "It'sn myn land!"n exclaimed n then farmer,n respondingn ton thenenvironmentalists.n "If n In want ntoncut nd
ownn everyn singlen treen onn it,nthisn isn myn right."n Then farmern isn claimingn then fundamentaln right n of n ca
pitalism—then right n of n privaten property.
TRUE
Accessibility: nKeyboardnNavigationn Difficul
ty: n Medium
Learning n Objective: n 02-
02 n Definen then rightn ofn privaten propertyn and n identifyn ethicaln implicationsn associated n with n it.n Topic: n 02-
02 n Then Rightn to n Privaten Property
7. Fortunately,n inn Canadan theren isnann equitablendistributionn of nwealthn amongnmembersn of ns
ociety.
FALSE
Accessibility: nKeyboardnNavigationn Difficul
ty: n Easy
Learning n Objective: n 02-
02 n Definen then rightn ofn privaten propertyn and n identifyn ethicaln implicationsn associated n with n it.n Topic: n 02-
02 n Then Rightn to n Privaten Property
2-2
mynursytest.store
, DOWNLOAD THE Test Bank for Canadian Business & Society Ethics Respon
n n n n n n n n n n
sibilities and Sustainability 5th Edition Sexty
n n n n n
Chaptern 02 n -n Ethicsn and n Capitalism
8. Most n of n then naturaln resourcesn inn Canadan aren privatelyn owned.
FALSE
Accessibility: nKeyboardnNavigationn Difficul
ty: n Easy
Learning n Objective: n 02-
02 n Definen then rightn ofn privaten propertyn and n identifyn ethicaln implicationsn associated n with n it.n Topic: n 02-
02 n Then Rightn to n Privaten Property
9. Onen wayn toncorrect n thenunevenn distributionn ofnwealthnamongn membersn of nsocietynisn forntheng
overnment n ton becomen involved n orn ton abridgen then right n of n privaten property.
TRUE
Accessibility: nKeyboardnNavigationn Difficul
ty: n Medium
Learning n Objective: n 02-
02 n Definen then rightn ofn privaten propertyn and n identifyn ethicaln implicationsn associated n with n it.n Topic: n 02-
02 n Then Rightn to n Privaten Property
10. Intellectualn property,n suchn asn annartist'sn ownershipn of n music,n isn becomingn increasinglyn i
mportant n inn Canada.
TRUE
Accessibility: nKeyboardnNavigationn Difficul
ty: n Easy
Learning n Objective: n 02-
02 n Definen then rightn ofn privaten propertyn and n identifyn ethicaln implicationsn associated n with n it.n Topic: n 02-
02 n Then Rightn to n Privaten Property
11. Then 1999n Firstn Nationsn Landn Managementn Actn isn thenmost nrecent n attempt ntonupdatenthenp
ropertyn regimen contained n withinn then Indiann Act.
TRUE
Accessibility: nKeyboardnNavigationn Difficul
ty: n Hard
Learning n Objective: n 02-
02 n Definen then rightn ofn privaten propertyn and n identifyn ethicaln implicationsn associated n with n it.n Topic: n 02-
02 n Then Rightn to n Privaten Property
2-3
mynursytest.store
