QUESTION IMAGE
Question
18 multiple choice 5 points
the right to voluntary exchange between two people or businesses; the right to own your own property; the freedom for people to make their own decisions regarding money. these are all describing a ________ system.
○ communist
○ capitalist/free enterprise
○ socialist
○ fascist
19 true or false 5 points
the u.s. government has to make a decision. they either will fund the military or fund the wheat farmers of our country. this is characterized as a \guns and butter\ decision.
○ true
○ false
For question 18: The described features (voluntary exchange, private property rights, financial decision freedom) are core traits of a capitalist/free enterprise system, which contrasts with communist, socialist, and fascist systems that have more centralized control over resources and economic activity.
For question 19: The "guns and butter" decision refers to a government choosing between spending on defense (guns) and domestic social/economic programs (butter). Funding the military (guns) vs. wheat farmers (a domestic economic program, butter) fits this exact tradeoff.
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- B. capitalist/free enterprise
- True