Markets Align Self-Interest with the Social Interest as Long as the Government

question 154

True/False

Markets align self-interest with the social interest as long as the government doesn't interfere.

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Definitions:

Tertiary Sector

Jobs that provide services (e.g., teaching, nursing) rather than goods.

Nineteenth Century

The period from 1801 to 1900, marked by significant industrial, social, and political changes worldwide.

Primary Sector

Jobs dedicated to exploiting raw materials (e.g., logging, mining).

Alienated

The feeling of being isolated or estranged from a group or society to which one should belong or in which one should be involved.