题目内容

_____ involves removing legal restrictions to the free play of markets, the establishment of private enterprises, and the manner in which private enterprises operate.

A. Privatization
B. Developing command economies
C. Deregulation
D. Globalization

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_____ is seen as a way to stimulate gains in economic efficiency by giving owners a powerful incentive—the reward of greater profits—to search for increases in productivity, to enter new markets, and to exit losing ones.

A. Globalization
B. Economic transformation
C. Deregulation
D. Privatization

Interdependent political, economic, and legal systems of a country make up its:

A. administrative agenda.
B. socioeconomic fabric.
C. cultural environment.
D. political economy.

A political system that prioritizes the needs of the society over individual freedoms is called _____.

A. totalitarianism
B. collectivism
C. capitalism
D. egalitarianism

Modern socialism has been popularized largely through the work of _____.

Adam Smith
B. Karl Marx
C. David Hume
D. Thomas Hobbes

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