Question

In feudalism, the purpose of production for an independent commodity producer (arisan) is: (cirale one answer) a. to win respect from the wealthy and get more orders for work b. to make enough money to buy the commodities h/she needs to live c. to make as much money (profit) as possible d. to expand production and hire more workers 4. a. b. c. d. For a capitalist (business owner), the purpose of production is: (circle one answer) to win respect from the wealthy and get more orders for work to make enough money to buy the commodities h/she needs to live to make as much money (profit) as possible to expand production and hire more workers 5. The three fundamental characteristics of capitalism are a. Private ownership of b. -oriented production C. labor
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Answer #1

1) Solution: to win respect from the wealthy and get more orders for work

Explanation: Thee purpose in feudalism is to earn respect from the wealthy and get more orders for work

2) Solution: to make as much money as possible

Explanation: Profit is the main motive of any capitalist

3) Solution: a) Private ownership of production and property; b) profit-oriented production c) wage labor

Explanation: Characteristics central to capitalism include private property, profit-oriented production, competitive markets, and wage labor.

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