Several years ago, a customer brought a lawsuit against McDonald's because the
coffee she purchased at the drive-thru window was hot when she spilled it on herself in
her car. This lawsuit was based on _____. - ️️product liability
In the last half of the twentieth century, Britain's Conserva...
NTB 3080: Chapter 2 Quiz
Several years ago, a customer brought a lawsuit against McDonald's because the
coffee she purchased at the drive-thru window was hot when she spilled it on herself in
her car. This lawsuit was based on _____. - ✔️✔️product liability
In the last half of the twentieth century, Britain's Conservative Party sold state-owned
enterprises to individual investors in order to create a free market economy. What
process was Britain using to create this economy? - ✔️✔️Privatization
The political economy of a country refers to the interaction of the political, economic,
and _____ systems of a country. - ✔️✔️legal
A nation that fosters individualism would - ✔️✔️stress that the interests of the people
are more important than the interests of the state.
Political systems that emphasize individualism tend to promote _____. -
✔️✔️democracy
______ refers to a political system that values the needs of society over that of an
individual. - ✔️✔️Collectivism
True or False: According to Karl Marx, the pay of workers in a capitalist society reflects
the full value of their labor. - ✔️✔️False
In the early 20th century, communists differed from social democrats in that communists
believed in - ✔️✔️a strategy of revolutionary action.
The Declaration of Independence is an ideal example of the tenets of _____, which
emphasize the importance of individual freedoms. - ✔️✔️individualism
A ______ refers to a legal right that enables the creator of an original work the right to
publish and distribute their work as they see fit. - ✔️✔️copyright
Which of the following factors would make a country desirable to do business with?
(Check all that apply.) - ✔️✔️-A market-based economy
-Democratic political institutions
______ refers to a political system in which the citizens exercise power directly or elect
representatives to form a governing body. - ✔️✔️Democracy
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