In 2008, the U

question 16

Multiple Choice

In 2008, the U.S. government stepped in to help some failing financial institutions as a way to prevent further collapse of the economy. Typically, the U.S. government does not interfere in these situations. What type of economy does this exemplify?

• A) command
• B) centrally planned
• C) pure market
• D) mixed
• E) laissez-faire

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Definitions:

Child Development

The study of how children grow and change physically, cognitively, emotionally, and socially from birth through adolescence.

Full Potential

The highest or greatest level of performance, ability, or achievement one is capable of reaching.

Childhood Development

The physiological, psychological, and emotional changes that occur in humans between birth and the end of adolescence.

Reaction Speed

The time it takes for an individual to respond to a stimulus or external event.