In which type of economic system is the laissez-faire philosophy rejected and the central government, acting as a representative of the people, makes basic economic decisions?

A. informal economy
B. socialism
C. agrarianism
D. capitalism


Answer: B

Sociology

You might also like to view...

The loss of American hegemony is revealed by such things as

a. the wave of deindustrialization that began to sweep through the United States in the 1960s and 1970s b. the reduction between 1956 and 1980 of the number of the world's top 50 firms that were American c. the reduction between 1956 and 1980 of the number of different industries in which the United States was producing d. all of these

Sociology

According to sociologist Everett Hughes, "One can think so exclusively in terms of his or her own social world that he or she has no set of concepts for comparing one social world to the next.". Hughes is describing

a. cultural genocide. c. institutional completeness. b. a kind of ethnocentrism. d. a state of cultural relativity.

Sociology

A _____ gives everyone in the population an equal chance of being selected for a study

a. random sample b. stratified sample c. snowball sample d. biased sample

Sociology

What is likely the most important factor in the increase in divorce over the past hundred years?

A. increased stigma of divorce B. economic opportunities for men C. increase in the social acceptance of divorce D. more liberal laws

Sociology