How Did the Neoconservative Movement That Appeared in the Mid-1970s

question 71

Multiple Choice

How did the neoconservative movement that appeared in the mid-1970s differ from earlier conservative movements?

• A) It played a more activist role in foreign policy as it severed the links between conservatism and isolationism.
• B) It called for greater federal assistance to the poor through an expansion of social services.
• C) It favored the federal government's approach to more open relations with the Soviet Union through détente.
• D) It called for more federal programs aligned to the New Deal-style liberalism.

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Definitions:

Price Elasticity

A measure of the sensitivity of quantity demanded or supplied to a change in price, indicating how a product's demand or supply reacts to price changes.

Income Elasticity

A measure of how much the demand for a good is affected by changes in consumers' income.

Excise Tax

A tax levied on specific goods or services, such as tobacco or gasoline, typically imposed at the manufacturing or retail level.

Consumer Surplus

The separation between the theoretical price consumers are willing to pay for a good or service and the practical price they pay.