Week 2
1. Question :
Welfare capitalism and _________ are more modern versions of
capitalism and socialism.
Student Answer: market socialism
free enterprise
social capitalism
monopolistic markets
Instructor
Explanation:
The answer is found in Section 2.4 Assessment of Capitalism and
Soci...
Week 2
1. Question :
Welfare capitalism and are more modern versions of
capitalism and socialism.
Student Answer: market socialism
free enterprise
social capitalism
monopolistic markets
Instructor The answer is found in Section 2.4 Assessment of Capitalism and
Explanation: Socialism in Introduction to Business Ethics.
Points Received: 1 of 1
Comments:
Question Question :
2. In 2001, the government said it would sue to stop the 4.3
billion dollar merger of American Airlines and U.S. Airways that
would create the world’s largest airline. The government was
concerned that the merger would create a(an) .
Student Answer: competitive environment
monopoly
illegal acquisition
increase in air routes
Instructor The answer is in Section 2.5 Anticompetitive Practices
Explanation: in Introduction to Business Ethics.
Points Received: 1 of 1
Comments:
Question Question :
3. The philosopher Adam Smith suggested that the direction of
international trade should be determined by
Student Answer: moral forces.
industry.
government controls.
, free trade.
Instructor The answer is found in Section 2.2 Adam Smith’s Capitalism
Explanation: in Introduction to Business Ethics.
Points Received: 1 of 1
Comments:
Question Question :
4. The government law that regulates mergers and acquisitions
of companies is the
Student Answer: Clayton Antitrust Act.
Sarbanes-Oxley Act.
Sherman Antitrust Act.
Securities and Exchange Act.
Instructor The answer is found in Section 2.6 Regulating the Free Market
Explanation: in Introduction to Business Ethics.
Points Received: 1 of 1
Comments:
Question Question :
5. The viewpoint that business should be privately controlled and
not controlled by the government is a perspective of a
economy.
Student traditional
Answer:
communism
socialism
capitalist
Instructor The answer is in Section 2.1 Capitalism and Socialism Defined in
Explanation: Introduction to Business Ethics.
Points Received: 1 of 1
Comments:
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