A free enterprise system is based on four key tenets which are private property rights, profit motive, equal individual rights and unrestricted competition. Property rights assure individuals that their property will not be confiscated by the state. The profit motive leads to competition which results in increased productivity
<span>False.
Under capitalism, government plays a relatively limited role in the allocation of resources.</span>
Answer:
False
Explanation:
The present value of money concepts show that money changes in value with time(tume value of money). Therefore the present value of money today is the discounted value of future cash flows or "series" of cash flows. This shows that money decreases value with time and the present value of money today is not "equivalent" or greater than money in the future as a result of inflation or some annual rate of return not utilized.
Answer: B. Punishment
Explanation: There are different learning processes, one of such is operant conditioning which is an associative type of learning process which is used to modify a stimulus or behavior. These modifications are made using either reinforcement or punishment.
Punishment is used to reduce or completely eliminate a behavior or stimulus. It is a change that occurs after a stimulus such that it reduces or completely eliminates the occurrence of such behavior again in the future. While reinforcement increase the chances of reoccurence of such behavior.
Among the changes that labor reformers wanted after the industrial revolution was : a ban on child factory workers
A child is not capable in making their own judgment. By taking advantage of the child by making them do labor with low income is could be considered as a form of abuse
