Hello and Good Morning/Afternoon
Original Question: Which of the following is necessary in addition to protection against theft, coercion, and fraud in order for consumers and producers to have freedom of choice?
Let's consider all the choices:
- Capital: is a financial asset usually given to help start a company or invest in a company. This doesn't protect against theft, fraud, or coercion as its purpose is to help start not to protect a company
- Profits: it is the money made by the company. However, that doesn't protect a company as it only makes a company more vulnerable to theft as dishonest people will find the company more attractive to take advantage of.
- Resources: by having resources, the companies have ways to evade criminals as they have ways and connections to use their profit and capital and their workers to move past the danger
- Wages: is the payment made to the workers for their service. This doesn't protect the company as its purpose is to only pay their workers for their service, not to protect the company.
Answer: Resources
Hope that helps!
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