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3 years ago

How does capitalism differ from socialism when it comes to the ownership of property?

2 answers:

8 0

Ownership. In a capitalist economy, property and businesses are owned and controlled by individuals. In a socialist economy, the state owns and controls the major means of production. In some socialist economic models, worker cooperatives have primacy over production

tiny-mole [99]3 years ago

7 0

For anyone who still needs this, here's my answer from Edge:

Capitalism is built on the respect of private property, meaning that the government cannot control what people buy with their obtained wealth. In socialism, however, the government has more control over the economy. Property like business buildings may be owned and ran by the government rather than a single individual.

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Liabilities are:___________ a) deferred credits that are recognized and measured in conformity with generally accepted accountin

adell [148]

Answer: d) obligations arising from past transactions and payable in assets or services in the future.

Explanation:

Liabilities are financial obligations meant to be catered for by an organization in the running of its business.

8 0

3 years ago

Stock in CDB Industries has a beta of 1.10. The market risk premium is 7 percent, and T-bills are currently yielding 4 percent.

12345 [234]

Answer:

Cost of equity = 11.7%

Explanation:

The capital asset pricing model is a risk-based model. Here, the return on equity is dependent on the level of reaction of the the equity to changes in the return on a market portfolio. These changes are captured as systematic risk. The magnitude by which a stock is affected by systematic risk is measured by beta.

Under CAPM, Ke= Rf + β(Rm-Rf)

Rf-risk-free rate,-4%, β= Beta-1.10, (Rm-Rf) = 7% ,Ke = cost of equity

Using this model,

Ke=4% + 1.10×7%

= 11.7 %

Cost of equity = 11.7%

3 0

3 years ago

Smith Company makes and sells a single product called a Pod. Each Pod requires 1.4 hours of labor at a labor rate of $9.60 per h

Ganezh [65]

Answer:

Total direct labor costs= $295,680

Explanation:

Giving the following information:

Each Pod requires 1.4 hours of labor at a labor rate of $9.60 per hour.

Production= 22,000 Pods.

First, we need to calculate the total direct labor hours required:

Total direct labor hours= 22,000*1.4= 30,800 hours

Now, the total direct labor costs:

Total direct labor costs= 30,800*9.6

Total direct labor costs= $295,680

3 0

3 years ago

Recently, Raj switched jobs from a large firm to a medium-sized firm. As one of four project managers at the new firm, Raj recog

Natali5045456 [20]

According to Maslow's hierachy of needs, the most important hierarchy for Raj is esteem, which symbolizes the individual's desire to be valued by himself and others in society and the workplace.

Maslow developed the pyramid of the hierarchy of human needs, with the aim of explaining how individuals are moved to take actions to meet their needs according to a pre-established order.

The pyramid of needs is divided into five parts, and comprises the most basic needs, which are biological, to the most complex, which are psychological needs. Are the:

Physiological needs.
Safety needs.
Love and belonging.
Esteem.
Self-actualization.

Therefore, Raj finds himself in the esteem stage, where he is looking for respect, status and recognition. When his esteem needs are met, he will move into the self-actualization hierarchy, where he will demonstrate greater creativity, talent, and personal development.

Learn more here:

brainly.com/question/14519388

6 0

3 years ago

The three people described below are categorized as unemployed by the Bureau of Labor Statistics,

taurus [48]

Answer: a) Cyclically unemployed

b)Frictionally Unemployed

c) Structurally Unemployed

Explanation:

First off let us define each.

Frictional Unemployment is the simple movement of people from one job to another or simply people entering the job market for the first time.

Structural Unemployment is as a result of people losing jobs due to a mismatch in skill or preference as well as the rise of technological or Economic Advances.

Cyclical Unemployment occurs when people lose jobs because the Economy is see hard times and cannot give people full employment.

Now that we have a rudiment grasp, let us categorize.

a. Lucia is a real estate agent. House sales in her area have declined because the region has been going through a recession. She has no clients and is currently looking for a new full-time job. CYCLICALLY UNEMPLOYED.

b. Ginny is a physician who has decided to relocate to California to be closer to her family. She is currently interviewing with several prestigious hospitals in the San Francisco Bay Area. FRICTIONALLY UNEMPLOYED.

c. Eric left his job as a plumber when his wife took a position in another region. The quantity of plumbing services demanded is considerably lower in the new region, in part because of high, union-negotiated wages. He would like to work at the high union wage but remains unemployed due to a lack of plumbing jobs. STRUCTURALLY UNEMPLOYED.

If you need any clarification do comment.

5 0

3 years ago