2025 – S1 – PUB2603 – ASSESSMENT 1 – Q&A
Assessment 1
Started on Wednesday, 12 March 2025,
State Finished
Completed on Wednesday, 12 March 2025,
Time taken
Marks 10.00/10.00
Grade 100.00 out of 100.00
Question 1
The free-market system is based on _________ values such as private ownership of
production factors.
a.
communist
b.
socialist
c.
normative
d.
capitalist
Feedback
The correct answer is: capitalist
Question 2
Ownership of a ____________ contributes to increased social status, quality of life,
better family relations and the financial security of families.
1
Assessment 1
Started on Wednesday, 12 March 2025,
State Finished
Completed on Wednesday, 12 March 2025,
Time taken
Marks 10.00/10.00
Grade 100.00 out of 100.00
Question 1
The free-market system is based on _________ values such as private ownership of
production factors.
a.
communist
b.
socialist
c.
normative
d.
capitalist
Feedback
The correct answer is: capitalist
Question 2
Ownership of a ____________ contributes to increased social status, quality of life,
better family relations and the financial security of families.
1