The fact that the Asian financial crisis of the 1990s helped the American economy grow demonstrates that __________
a. economic globalization is a huge contributor to global inequality, helping wealthier, stable nations grow at the expense of less affluent, economically troubled ones
b. economic globalization increases unfair outcomes, given that this crisis had a negative impact on Africa and Latin America
c. countries with diversified economies are less susceptible to price shocks, given that the Asian economic crisis drove commodity prices sharply down
d. the line between domestic and international politics becomes blurred in a world of increasing interdependence, since the crisis reduced inflationary pressures in the U.S.
Answer: D
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Why are market-based economic systems more dynamic
â€"better able to adjust to the changing needs of societyâ€"than planned economies? a. Market-based economic systems encourage entrepreneurs to produce a wide variety of goods and services based on consumer demand. b. Market-based economic systems empower political leaders to allocate goods and services in a manner that accounts for society's changing needs. c. Market-based economic systems guarantee that the people will have the ability to change society through the ballot box. d. Market-based economic systems are not more dynamic than planned economies.
Primate cities develop most often in
a. countries that were or are under foreign control. b. large countries. c. countries that have a large number of modern cities. d. None of the above
Many of the problems associated with the aftermath of Hurricane Katrina dealt with sovereignty problems. Which of the following best describes sovereignty?
a. Narrowly defined power and role of our government. b. Power to exercise direct authority over all governmental matters. c. Rules defining the primary jurisdiction of law enforcement. d. Rules allowing Congress to enact and enforce their own legislation. e. Rules governing the power and authority of the National Guard in emergency situations.
In the 1970s and early 1980s, the federal government passed a number of acts to control pollution. Which of the acts listed below was not one of these major acts?
A. Clean Water Act B. Superfund C. Wetland Degradation Act D. Clean Air Act