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INTB 3080: Chapter 2 Quiz with Correct Answers |100% Pass

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INTB 3080: Chapter 2 Quiz with Correct Answers |100% Pass The political economy of a country refers to the interaction of the political, economic, and _____ systems of a country. - Answer-legal A nation that fosters individualism would - Answer-stress that the interests of the people are more ...

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INTB 3080: Chapter 2 Quiz with Correct
Answers |100% Pass

The political economy of a country refers to the interaction of the political, economic,

and _____ systems of a country. - Answer✔✔-legal


A nation that fosters individualism would - Answer✔✔-stress that the interests of the

people are more important than the interests of the state.

Political systems that emphasize individualism tend to promote _____. - Answer✔✔-

democracy

______ refers to a political system that values the needs of society over that of an

individual. - Answer✔✔-Collectivism

True or False: According to Karl Marx, the pay of workers in a capitalist society reflects

the full value of their labor. - Answer✔✔-False

In the early 20th century, communists differed from social democrats in that communists

believed in - Answer✔✔-a strategy of revolutionary action.

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? - Answer✔✔-Privatization

The Declaration of Independence is an ideal example of the tenets of _____, which

emphasize the importance of individual freedoms. - Answer✔✔-individualism



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, EMILLYCHARLOTTE 2024/2025 ACADEMIC YAER
©2024 EMILLYCHARLOTTE. ALL RIGHTS RESERVED
FIRST PUBLISH SEPTEMBER 2024
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. - Answer✔✔-copyright

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 _____. - Answer✔✔-product liability

Which of the following factors would make a country desirable to do business with?

(Check all that apply.) - Answer✔✔--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. - Answer✔✔-Democracy

Nations adopting the pure form of democracy would - Answer✔✔-directly involve

citizens in the decision making of the country.

In a country governed by a totalitarian system, you would find that - Answer✔✔-basic

civil liberties are denied to citizens.

Under Vladimir Putin, the government of Russia is becoming increasingly _____. -

Answer✔✔-totalitarian

______ totalitarianism occurs when a political party that represents the interests of a

particular tribe monopolizes power. - Answer✔✔-Tribal

The production of goods in a pure market economy is determined by - Answer✔✔-

supply and demand.

In a command economy, businesses are owned by _____. - Answer✔✔-the state

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