In Which Way Was "Liberalism" Redefined by the New Deal

question 127

Multiple Choice

In which way was "liberalism" redefined by the New Deal?

• A) as liberty of movement
• B) as the right to pursue happiness
• C) as having faith in reason
• D) as limited government and free-market economics
• E) as an effort by the government to protect and deliver for the people

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Definitions:

Weak Property Rights

A situation where the legal protections and enforcement mechanisms for ensuring ownership and control over property are inadequate or not effectively implemented.

Renewable Resources

Natural resources that can be replenished naturally over time, such as sunlight, wind, and water.

Harvest Rates

The proportion or quantity of crops or natural resources gathered within a specific period, often influenced by seasonal or environmental conditions.

Replenishment Rates

The speed at which inventory is replaced after being sold or used, crucial for maintaining adequate stock levels and ensuring continuous operation.