Table of Contents
Terms in this set (7)
- Economic Freedom. Americans traditionally place a high value on the freedom to make their own economic decisions.
- Economic Equality. Americans have a strong tradition of justice, impartiality, and fairness.
- Economic Security.
- Price Stability.
- Economic Efficiency.
- Economic Growth.
- Full Employment.
Which of the following actions by the Reagan administration best reflects the ideas about government expressed in the excerpt quizlet?
which off following actions by the Reagan administration best reflects the ideas about government expressed in this excerpt? the passage of tax cuts and deregulation of many industries. the ideas expressed by Reagan in his speech reflect which of the following historical Trends in American since 1970?
Which statement best describes the current economic and political system in Vietnam?
Which statement best describes the current economic and political system in Vietnam? Vietnam embraces market economics while retaining the political forms of a communist state.
Which statement best describes the economic theories of Adam Smith?
Which of the following statements best describes the economic theories of Adam Smith? Private individuals and businesses ought to answer most economic questions for themselves.
All economic systems strive to achieve a set of broad social goals, including economic efficiency, equity, freedom, growth, security, and stability. How these goals are prioritized—and how successful an economy is at attaining these goals—influences the quality of life for all its citizens.
Which of the following most resemble the protests of the Vietnam War?
Which of the following MOST resemble the protests of the Vietnam War? Protests over the Mexican War by people such as Henry David Thoreau.
What statement best summarizes the economic theories of Karl Marx?
Which statement best summarizes the economic theories of Karl Marx? Free market economies give the wealthy too much economic power.
Which of the following is the best statement about the way economists study the economy?
Terms in this set (32) Which is the best statement about the way economists study the economy? They devise theories, collect data, then analyze the data to test the theories.