Since 1991, Japan’s economy has been ______.
a. unable to provide basic needs for its people
b. in a continuous, long-term recession
c. the largest economy in the world
d. growing at an alarming rate
b. in a continuous, long-term recession
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Politics occurs whenever a solution to a problem requires cooperation even when that cooperation is which of the following?
a. achieved through force alone b. costly or difficult c. irrelevant to the success of the course of action d. already what everyone agrees on
An _________ __________ is a system of beliefs and values that define the role of government and the role of citizens in that government.
Fill in the blank(s) with the appropriate word(s).
Which statement accurately reflects how regulatory policy is typically used with regard to the economy?
A. Regulations are typically enacted to protect society from unsafe business practices or negative externalities as opposed to addressing economic growth. B. Regulations are typically applied to the service sector as opposed to manufacturing. C. Regulations are used to control the money supply and discount rate. D. Regulations are applied to address unique situations that might apply to a discrete issue or single business.
Thomas Jefferson might have changed John Locke's argument for government to protect property to protection of "the pursuit of greatness."
a. true b. false