Which of the Following Is True When Comparing Government Involvement

question 44

Multiple Choice

Which of the following is true when comparing government involvement in the U.S.economy to that of Canada?

• A)Government involvement in the economy has always been about the same for these two countries.
• B)You cannot compare the level of involvement of the governments of these two countries as Canada has a socialist system and the U.S.has a capitalist system.
• C)The U.S.government does not regulate any markets in that country; they are the best example of pure capitalism in the world.
• D)Government involvement in the economy has always been greater in Canada than in the U.S.
• E)Government involvement in the economy is greater in the U.S.than it has ever been in Canada.

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Definitions:

McCulloch V. Maryland

A landmark Supreme Court case in which it was decided that the United States government had the authority to establish a national bank and that states could not tax federal institutions.

States' Rights

The rights and powers held by individual US states rather than by the federal government.

Constitutional Obligations

Refers to the duties and responsibilities mandated by a constitution that must be fulfilled by the government or its citizens.

Confederal System

A confederal system is a form of government where autonomous states or regions come together to form a loose federation, retaining most of the governance power while delegating limited powers to a central authority.