Select the Word or Phrase That Best Matches the Definition

question 17

Multiple Choice

Select the word or phrase that best matches the definition or example.
-President of the United States from 1913 to 1921 who was especially noted for his idealistic approach to the end of World War I.Although his vision largely failed,Wilson was widely respected for his views.

• A)World War I
• B)Treaty of Versailles
• C)Woodrow Wilson/Fourteen Points
• D)Great Depression
• E)New Deal
• F)fascism
• G)Mussolini
• H)Nazi Germany
• I)Hitler
• J)Etty Hillesum
• K)Revolutionary Right (Japan)
• L)World War II in Asia
• M)World War II in Europe
• N)total war
• O)Hiroshima
• P)Holocaust
• Q)Marshall Plan
• R)European Economic Community
• S)NATO

---

Definitions:

Economic Profit

The surplus generated after subtracting both direct and indirect expenses from the total revenue.

Pure Monopolist

A company or entity that is the sole provider of a particular product or service, without close substitutes, in a market.

Profit-Maximizing

The process or goal of setting production levels to achieve the highest possible profit based on current market conditions.

Total Cost

The aggregate of all costs, both fixed and variable, incurred in the production of goods or services.