Chapter 3: Problem 15
Fascism peaked in the (LO7) a) \(1920 \mathrm{~s}\) c) \(1940 \mathrm{~s}\) b) \(1930 \mathrm{~s}\) d) \(1950 \mathrm{~s}\)
Chapter 3: Problem 15
Fascism peaked in the (LO7) a) \(1920 \mathrm{~s}\) c) \(1940 \mathrm{~s}\) b) \(1930 \mathrm{~s}\) d) \(1950 \mathrm{~s}\)
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Get started for freeThe pilgrims who settled in Plymouth, Massachusetts, concluded that (LO2) a) only a social society of collective ownership would make economic sense b) a capitalist society with large industrial corporations would make economic sense c) private ownership worked better than collective ownership d) from each according to his ability to each according to his wants was the best course to follow
Which is the most accurate statement about shipbreaking? (LO4) a) It is generally done in a manner that is environmentally sound and that minimizes dangers to workers. b) It is an extremely profitable activity that is sought after by the world's largest shipbuilders. c) Ship owners whose boats have grown too old and expensive to run usually abandon them at sea or sink them. d) The United States and other industrial nations have exported their environmental problems like shipbreaking to less developed countries such as India, Bangladesh, and Pakistan.
Which is the most accurate statement? (LO1,7) a) No country could be classified as having a communist economic system. b) It could be argued that every nation has a mixed economy. c) The United States is basically a socialist economy. d) The Chinese economy is evolving away from capitalism and toward pure communism.
Which does not fit with the others? (LO2) a) competition b) government planning and regulation c) the invisible hand d) the price mechanism
The price system is based on (LO2) a) government regulation (i.e., the government sets most prices) b) the individual whim of the businessperson who sets it c) the feelings of the individual buyer d) supply and demand
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