Which is the most accurate statement about shipbreaking?

Which is the most accurate statement about shipbreaking?

a. It is generally done in a manner that is environmentally sound and that minimizes dangers to workers
b. It is an extremely profitable activity that is sought after by the world's largest shipbuilders
c. Ship owners whose boats have grown too old and expensive to run usually abandon them at sea or sink them
d. the United States and other industrial nations have exported their environmental problems like shipbreaking to less developed countries such as India, Bangladesh, and Pakistan

Answer: D

An individual can build up his/her capital ___

An individual can build up his/her capital ___

a. by working longer hours only
b. by cutting back on consumption only
c. by both cutting back on consumption and working longer hours
d. only by borrowing

Answer: C

Capital comes from____

Capital comes from____

a. gold
b. savings
c. high consumption
d. the government

Answer: B

The main reason the American farmer can produce more than the farmer in China is that he___

The main reason the American farmer can produce more than the farmer in China is that he___

a. has more land
b. has more capital
c. has more labor
d. is better trained

Answer: B

Karl Marx said that ____

Karl Marx said that ____

a. whoever controlled a society's capital controlled that society
b. in the long run, capitalism would survive
c. the U.S.S.R.s communist system was "state capitalism"
d. capitalists and workers generally had the same economic interests






Answer: A

The strongest indictment of the capitalist system was written by ____

The strongest indictment of the capitalist system was written by ____

a. Adam Smith
b. John Maynard Keynes
c. Rose D. Cohen
d. Karl Marx

Answer: D