THE DIFFERENCE BETWEEN PURE CAPITALISM AND MODIFIED CAPITALISM IS...

60. - TEST BANK FOR BUSINESS A CHANGING WORLD 5TH CANADIAN EDITION BY FERRELL 60. - TEST BANK FOR BUSINESS A CHANGING WORLD 5TH CANADIAN EDITION BY FERRELL
TEST BANK FOR BUSINESS A CHANGING WORLD 5TH CANADIAN EDITION BY FERRELL
60. The difference between pure capitalism and modified capitalism is that under→ pure capitalism there is less government regulation.modified capitalism there is less government regulation.pure capitalism there is more government regulation.either form of capitalism, government regulation is equal.none of the answers is correct.In a pure capitalism, all decisions are made without government intervention and in a modified capitalism, government intervenes on some level.Multiple Choice Question Accessibility: Keyboard NavigationBloom's: KnowledgeDifficulty: MediumLearning Objective: 01-03 Define economics and compare the four types of economic systems.