Reference: Matching Key Terms and Definitions

question 9

Multiple Choice

Reference: Matching Key Terms and Definitions
-Business partners,customers,and employees.

• A)Stake
• B)Primary stakeholder
• C)Secondary stakeholder

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Definitions:

John Kenneth Galbraith

John Kenneth Galbraith was an influential Canadian-American economist and public intellectual who contributed significantly to the development of modern economic thought, particularly in the areas of consumer behavior, public policy, and economic history.

Mixed Economy

An economic system that combines private and public enterprise, incorporating elements of both capitalism and socialism.

Adam Smith

A Scottish economist, philosopher, and author who is considered the father of modern economics and is best known for his book "The Wealth of Nations."

Communist Bureaucrats

Officials in a government or party advocating for communism, often seen as having inefficient or complex procedures.