Question 1
10
There are two types of market philosophy, namely the libertarian and the utilitarian. Howev
unlike the libertarian market philosophy, the utilitarian version entails this outcome:
(a) That the majority of people benefit from the (capitalist) economic system in question.
(b) An unconditional ban on mandatory taxation.
O (c) That the wealth of the nation is concentrated on the hands of the few, thereby benefitting an elite.
Question 2
10 pt
10
There are two types of market philosophy, namely the libertarian and the utilitarian. Howev
unlike the libertarian market philosophy, the utilitarian version entails this outcome:
(a) That the majority of people benefit from the (capitalist) economic system in question.
(b) An unconditional ban on mandatory taxation.
O (c) That the wealth of the nation is concentrated on the hands of the few, thereby benefitting an elite.
Question 2
10 pt
