In a "Developmental State" the State (Government)

question 22

Multiple Choice

In a "developmental state" the state (government)

• A) invests heavily in new industries.
• B) invests heavily in health care and education.
• C) develops production goals for agriculture.
• D) actively intervenes in the economy to promote certain goals.
• E) rescues new companies if they are in danger of bankruptcy.

---

Definitions:

Foreseeable

Refers to an event or condition that a reasonable person would anticipate and therefore expect to consider while making decisions.

Insurance

A financial product that provides protection against financial loss resulting from specific risks.

Nature of Risk

The inherent features and characteristics of risk, including its potential to lead to negative outcomes or loss.

Conflagration Insurance

Insurance coverage designed to protect against losses from large and intensive fires that consume a wide area and a large amount of property.