Although the United States Is a Capitalist Country, the Government

question 28

Multiple Choice

Although the United States is a capitalist country, the government does intervene in the economic arena, primarily through which of the following?

• A) Central planning for industry
• B) Ensuring equality of outcome
• C) Government ownership of some key industries
• D) Controlling public access to goods and services
• E) Regulating private businesses

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Definitions:

Going on Strike

A form of protest or labor action where employees stop working to press for better working conditions, wages, or benefits from their employers.

Withhold Labor

The act of refusing to work, typically as a form of protest or to secure better working conditions or wages.

8-Hour Day

A labor movement regulation that divides the workday into three parts, advocating eight hours for work, eight hours for recreation, and eight hours for rest.

Health Insurance

A form of insurance that covers the whole or a part of the risk of a person incurring medical expenses, spreading the risk over numerous individuals.