Unlike the Failed League of Nations, the New United Nations

question 22

Multiple Choice

Unlike the failed League of Nations, the new United Nations

• A) denied the power of veto to any party in an international dispute.
• B) established no forum for the smaller nations besides the great powers.
• C) assumed that there would eventually be conflict among the great powers.
• D) was unable to achieve approval by the United States Senate.
• E) was established with a Security Council that assured that none of the Big Five Powers (the United States, the USSR, Britain, France, and China) could have action taken against it without its consent.

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Definitions:

Government Intervention

The actions taken by a government to influence or regulate various activities within its economy.

Pigouvian Taxes

Taxes imposed on activities that generate negative externalities, aiming to correct market outcomes by aligning private costs with social costs.

Sulfur Dioxide Emissions

Refers to the release of sulfur dioxide gas into the atmosphere, primarily from burning fossil fuels, which can cause environmental and health problems.

Excise Taxes

Taxes charged on the sale of specific goods and services, such as alcohol and tobacco, often used as a tool for discouraging their consumption.