A market economy encourages innovation because _____.

A. the prices of goods and services, including new products, are fixed by government
B. economic freedom leads to greater incentives for innovation
C. state ownership of enterprises reduces risks of innovation
D. government-owned and funded research centers become hubs of innovation


Answer: B. economic freedom leads to greater incentives for innovation

Political Science

You might also like to view...

The wording of questions in surveys is a central concern because how a question is worded can __________

a. damage random-selection procedures b. skew survey results c. generate a low degree of consensus d. increase the halo effect

Political Science

Senator Joseph McCarthy became a powerful policy entrepreneur by claiming that

A. the Japanese posed a West Coast security threat. B. hippies were undermining Christianity. C. communists had infiltrated the government. D. homosexuals were transmitting AIDS to heterosexuals. E. secular humanists were indoctrinating educators.

Political Science

Which of the following has been the biggest legal check on wholesale attempts to round up and deport illegal immigrants?

a. citizen rights b. due process c. refugee status d. the right to a trial by jury

Political Science

Propaganda

a. has lost its influence in this Internet age. b. has no place in the making of foreign policy. c. is false by definition. d. is used by state leaders to affect opinion. e. only occurs in democracies.

Political Science