Generally Speaking, Economics and Geopolitical Interests Motivated American Foreign Policy

question 63

True/False

Generally speaking, economics and geopolitical interests motivated American foreign policy, but the language of freedom was used to justify America's actions.

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Definitions:

Production Function

A mathematical equation that describes the relationship between the inputs used in production and the output of goods or services.

Price System

An economic system wherein the allocation of goods and services, as well as their prices, are primarily determined by supply and demand in a free market.

Market Economy

An economy that allocates resources through the decentralized decisions of many firms and households as they interact in markets for goods and services.

Rate Of Economic Growth

The increase in the market value of the goods and services produced by an economy over time, usually measured as the percentage increase in real gross domestic product (GDP).