The Introduction of the Minicomputer

question 79

Multiple Choice

The introduction of the minicomputer

• A) allowed computers to be customized to the specific needs of departments or business units.
• B) enabled decentralized computing.
• C) offered new, powerful machines at lower prices than mainframes.
• D) all of the above.

Examine the development and significance of political parties during the Jacksonian era, including the Democratic Party and the Whig Party.

Understand the basic concept of a production possibilities curve and its implications for economic production and efficiency.

Identify the role of opportunity costs in economic decision-making and resource allocation.

Analyze the impact of inefficient resource use on an economy's production capabilities.

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Definitions:

Liberty

Enjoying a lifestyle in society not dictated by oppressive rules from authorities on how one should behave, live, or think politically.

Eighteenth-Century

The period from 1701 to 1800, marking the 18th century in the Gregorian calendar.

Liberalism

A political and moral philosophy that emphasizes individual freedom, democracy, and equal rights, advocating for government policies that protect personal liberties.

Checks and Balances

A foundational principle in the constitution of many democratic countries, designed to ensure that no single branch of government becomes too powerful, by providing each branch with powers to check the others.