ECONOMIC

Which is an example of economic issue?

A. capitalism

B. abortion

C. civil rights

D. family pressure

The correct answer is A. capitalism.

• The system is known as capitalism, and it is defined by private control of the means of production and the exchange of goods and services with the goal of earning a profit within a market-based economy. This involves addressing concerns such as the relationship between supply and demand, market competition, pricing, and resource allocation, which are critical to the functioning of the economy.

In what category does discrimination belong?

A. personal issue

B. social issue

C. moral issue

D. economic problem

The correct answer is B. social issue.

• Discrimination is a part of social issue that can affect individuals and society like harassment or through verbal abuse.

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QUESTION AND ANSWER

1. Which is an example of economic issue?

• A. capitalism
• B. abortion
• C. civil rights
• D. family pressure

Explanation:

An example of an economic issue is capitalism. Capitalism involves the ownership and control of the means of production and distribution of goods and services by private individuals or corporations, rather than by the state or government.

It is a system that is based on the principles of supply and demand, competition, and profit, and it has a significant impact on the allocation of resources, income distribution, and economic growth.

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2. In what category does discrimination belong?

• A. personal issue
• B. social issue
• C. moral issue
• D. economic problem

Explanation:

Discrimination belongs in the category of social issues. Discrimination is the unfair or unjust treatment of individuals or groups based on their race, ethnicity, gender, sexual orientation, religion, or other characteristic.

It is a social issue because it affects the interactions and relationships between individuals and groups within society, and it can have significant consequences for access to resources, opportunities, and social status. Discrimination can also have economic implications, such as limiting job opportunities or access to credit, but it is primarily a social issue.

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