Compare and contrast mixed economies with market economies. Which system strikes you as better for the average citizen?
What will be an ideal response?
The ideal answer should include:
1. Market economies are economies in which most economic activity is in the private sector, and the government has a limited role in regulatory and redistributive policies. Examples include the US, Australia, or Switzerland.
2. Mixed economies also feature considerable private ownership and control of productive resources. Yet, the free market is regulated in these economies, and there is quite a bit of income redistribution, mainly to the less advantaged individuals in the society. These countries tend to have free higher education, a government-run healthcare system, maternity leave programs, and many others. Examples include France, Sweden, Denmark, or Norway.
3. Which system is better? Answers are subjective and will vary. For example, it could be argued that mixed economies are better for the average citizen as market economies tend to have very high income inequality and, sometimes, high levels of poverty.
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An initiative refers to an electoral process in which
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To display the relationship between two quantitative variables, one should use
a. a bar graph. b. a histogram. c. a scatterplot. d. z scores.
Party of the Democratic Revolution was formed by Cuauhtémoc Cárdenas to ________
A. mobilize business leaders and Catholic activists against the PRI B. capitalize on its fundamental religious ideology to attract voters C. oppose PRI's economic policies and manner of electing presidents unilaterally D. gather and consolidate support for the PRI from smaller local and left-wing parties E. create the Federal Electoral Institute in the 1990s
In Akron v. Akron Center for Reproductive Health (1983), the Supreme Court struck down a city ordinance that required that
a. all abortions be performed in hospitals. b. a woman wait 24 hours before having an abortion. c. fetal remains be disposed of in a humane and sanitary manner. d. All of the above are true.