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Homework answers / question archive / Purdue University - TLI 152 1)Opportunity International helps people earn their way out of poverty through bond financing
Purdue University - TLI 152
1)Opportunity International helps people earn their way out of poverty through
bond financing.
stock certificates.
microfinancing.
mortgages.
debt capitalization.
2. Adam Smith believed that although businesspeople work to improve their own prosperity and not necessarily that of others, their efforts eventually provide social and economic benefits for all. He called this process
the invisible hand.
bureaucracy.
a command economy.
economic rejuvenation.
socialism.
3. The video tells the story of a woman who decided to start a new type of business rather than a business similar to others in her community. Her success as a mushroom producer benefited her family, her community, the other mushroom farmers she eventually trained and many others. This is an example of
socialism.
a command economy.
the invisible hand.
bureaucracy.
economic rejuvenation.
4. The video tells the story of a woman who decided to start a mushroom farm, which is a different type of business than others in her community. Under the foundations of capitalism, she used the basic right of
eminent domain.
freedom of choice.
habeas corpus.
econometrics.
patent protection.
5.In global markets today, most economies are
mixed.
capitalist.
communist.
free markets.
socialist.
6.The video identifies three economic indicators. However, almost every discussion about a nation's economy is based on its
unemployment rate.
distribution index.
consumer price index.
stagflation index.
GDP.
