Price Controls Cause Resources to Be ________ Not Just Geographically

question 116

Multiple Choice

Price controls cause resources to be ________ not just geographically, but also across different ________ of those resources.

• A) overutilized; types
• B) properly allocated; demands
• C) cheaper; uses
• D) misallocated; uses

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Definitions:

Eighteenth-Century

The century from 1701 to 1800, marked by significant developments in politics, science, philosophy, and the arts, particularly noted for the Enlightenment period.

First Great Awakening

A series of Christian revivals that swept through the British American colonies in the mid-18th century, marked by a surge in evangelical fervor and the promotion of a personal, emotional connection with God.

Religious Crisis

A period of turmoil, conflict, or change within a religion or between different religions, often leading to reformations, schisms, or increased hostilities.

Chesapeake Tobacco Plantations

Large agricultural estates located in the Chesapeake region, primarily Virginia and Maryland, where tobacco was the main cash crop during colonial times.