HFT 4224 TEST WITH COMPLETE
SOLUTION
What human creation has had the greatest positive impact on the most
people, the fastest? - ANSWER free-enterprise capitalism
What has transformed the face of the planet and the complexion of daily life
for the vast majority of people in 200 years? - ANSWER business and
capitalism
Being that much of the world has not embraced the core principles of
free-enterprise capitalism, we have become... - ANSWER less prosperous and
less fulfilled
200 years ago what percent of the world lived in extreme poverty? and what
is that number now? - ANSWER 85%
16%
How much has average income per capita globally increased since 1800, and
how much in developed countries? - ANSWER 1,000%
1,600%
What are the main reasons that the human population began to grow
rapidly? - ANSWER sanitation, medicine, and agricultural productivity
What has the average life expectancy increased from thirty years to? -
ANSWER 68 years
The percentage of undernourished people in the world has dropped from
, 26% to... - ANSWER 13%
What percentage of people live in countries with democratic governments
elected by universal suffrage? - ANSWER 53%
Who are the hereos of of free-enterprise capitalism? - ANSWER
entrepreneurs
What are some inventions that have changed the world? - ANSWER
automobiles, telephones, gasoline, the internet, antibiotics, computers, and
airplanes
What is portrayed as exploiting workers, cheating consumers, causing
inequality by benefiting the rich but not the poor, homogenizing society,
fragmenting communities, and destroying the environment? - ANSWER
capitalism
Who is the founding father of modern capitalism? - ANSWER Adam Smith
What are two of Adam Smith's book? - ANSWER The Theory of Moral
Sentiments and The Wealth of Nations
What was business seen as? - ANSWER harsh, dehumanized, and uncaring
What does much of today's animosity towards capitalism stem from? -
SOLUTION
What human creation has had the greatest positive impact on the most
people, the fastest? - ANSWER free-enterprise capitalism
What has transformed the face of the planet and the complexion of daily life
for the vast majority of people in 200 years? - ANSWER business and
capitalism
Being that much of the world has not embraced the core principles of
free-enterprise capitalism, we have become... - ANSWER less prosperous and
less fulfilled
200 years ago what percent of the world lived in extreme poverty? and what
is that number now? - ANSWER 85%
16%
How much has average income per capita globally increased since 1800, and
how much in developed countries? - ANSWER 1,000%
1,600%
What are the main reasons that the human population began to grow
rapidly? - ANSWER sanitation, medicine, and agricultural productivity
What has the average life expectancy increased from thirty years to? -
ANSWER 68 years
The percentage of undernourished people in the world has dropped from
, 26% to... - ANSWER 13%
What percentage of people live in countries with democratic governments
elected by universal suffrage? - ANSWER 53%
Who are the hereos of of free-enterprise capitalism? - ANSWER
entrepreneurs
What are some inventions that have changed the world? - ANSWER
automobiles, telephones, gasoline, the internet, antibiotics, computers, and
airplanes
What is portrayed as exploiting workers, cheating consumers, causing
inequality by benefiting the rich but not the poor, homogenizing society,
fragmenting communities, and destroying the environment? - ANSWER
capitalism
Who is the founding father of modern capitalism? - ANSWER Adam Smith
What are two of Adam Smith's book? - ANSWER The Theory of Moral
Sentiments and The Wealth of Nations
What was business seen as? - ANSWER harsh, dehumanized, and uncaring
What does much of today's animosity towards capitalism stem from? -
