Question

9 multiple choice 10 points
through purchasing goods, a ______ tells which products they want the market to produce and which ones they dont want them to produce. this is an individual who buys things.
○ producer
○ consumer
○ vendor
○ client

10 multiple answer 10 points
there are 7 choices below. choose only the 5 characteristics of capitalism. leave the 2 wrong answers unchecked.
□ freedom
□ private property
□ voluntary exchange
□ profit motive
□ taxes
□ currency
□ competition

Explanation:

For question 9: The description refers to an individual who buys goods and signals market demand through purchases, which defines a consumer. Producers create goods, vendors sell them, and clients are typically service recipients.
For question 10: Core characteristics of capitalism include the right to private property, voluntary transactions between parties, the drive for profit as an incentive, competition between businesses, and economic freedom. Taxes and currency are not unique defining traits of capitalism (taxes exist in most systems, currency is a general medium of exchange).

Answer:

1. B. consumer

10.

• Private Property
• Voluntary Exchange
• Profit Motive
• Competition
• Freedom