QUESTION IMAGE
Question
____________________ is the driving force that encourages people and organizations to improve their material well - being.
○ profit motive
○ capitalism
○ voluntary exchange
○ government
all of the following are characteristics of capitalism
except________________.
○ private property rights
○ profit motive
○ economic freedom
○ government control
For the first question: The profit motive refers to the desire to earn financial gain, which drives individuals and organizations to work to improve their material well-being. Capitalism is an economic system, voluntary exchange is a transaction concept, and government is an institutional body, none of which fit the definition of this driving force.
For the second question: Capitalism is defined by private property rights, the profit motive, and economic freedom. Government control is a characteristic of command economies, not capitalism, so it is the exception.
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