Had the federal government failed to respond to the economic crisis in the late 2000s, instead relying on the market to sort itself out, it would have been following a/an __________ economic philosophy
Fill in the blanks with correct word
laissez-faire
You might also like to view...
In which of the following countries is voter turnout lowest?
a. Australia b. Belgium c. United States d. Denmark
Competitive federalism involves _________.
A. administering specific policies at all levels of government B. imposing higher income taxes on individuals C. restricting the influx of foreign investment D. offering tax advantages to businesses
What was Reconstruction?
a. the struggle for newly freed slaves to gain the right to vote, especially in the South b. the gradual elimination of both Black Codes and Jim Crow laws c. the refusal of Southern states to abide by the Fourteenth Amendment until forced to do so by the Supreme Court d. the period after the Civil War when the South was occupied by the federal government
What is the "great man theory of history"?
a. Beliefs and characters of great leaders determine history. b. Beliefs and characteristics of great leaders, and other social, political, and economic forces determine history. c. Historical experiences of future leaders play a key role in understanding their actions once they get to power. d. Successful leaders are remembered and praised, while unsuccessful leaders are forgotten. e. Only great politicians had enough power to influence Cold War politics