Question

7.____ all or most of the factors of production * and distribution (land, factories, stores, etc ) are privately owned they are operated for profit
communism
capitalism
economics

1. the right to bear arms is one of the four * foundations of capitalism

true
false

Explanation:

• For question 7: In capitalism, private ownership of factors of production (land, factories, etc.) and profit - seeking operation are key characteristics. Communism is based on collective ownership. Economics is a broader field of study, not a system with this specific ownership - profit characteristic.
• For question 8: The four foundations of capitalism are private property rights, freedom of choice, profits, and competition. The right to bear arms is not one of them.

Answer:

1. B. Capitalism
2. B. False