An economic system in which prices are determined by unrestricted competition between privately owned businesses is a(n) __________
a. externality
b. socialist government
c. free market
d. closed system
Answer: c
You might also like to view...
Why have Native Americans had difficulty mobilizing at the grassroots level in their struggle for civil rights?
a. because of their small numbers and isolated locations b. because of their widespread poverty c. because the tribal governments are competitive with one another d. because of the different political views among themselves
Building consensus is not always an easy task, for which of the following reasons?
a. American parties are internally divided. b. The two major parties have broad and overlapping bases in the electorate. c. The Constitution assigns primary responsibility for the conduct of elections to state governments. d. Parties have weakened over time. e. All of the above
The largest, and most comprehensive, regional free trade area is in __________
A) North America B) South America C) Europe D) Asia
Which of the following U.S. wars included a debate before the declaration?
a. the War of 1812 b. World War I c. World War II d. the Korean War