Question

2.1

According to our text, a variety of private charities, churches, local assistance programs, and individual welfare initiatives that provide help for the needy:

have proven to be ineffective.

have proven to be very effective, and more effective than most government programs.

are non-existent at the moment. Congress has proposed a law to require private charity initiatives.

cause taxes to rise, because they force people to make donations to them.

b.

Increasing wealth accumulated by entrepreneurs and business owners also benefit others in society, because it:

creates production and employment opportunities for others.

contributes to the development and production of higher quality products.

creates a higher overall standard of living.

all of the above.

Answer 1

2.1 Option 2. These programs helps to identify the most needy and serve them more efficiently than the government programs

b. Option 4. With the increase in wealth by entrepreneurs, it motivates them to invest further which increases employment and disposable income for others