The Argument That It Is Necessary to Protect a New

question 87

Multiple Choice

The argument that it is necessary to protect a new industry to enable it to grow into a mature industry that can compete in world markets is known as the

• A)infant-industry argument.
• B)diversity argument.
• C)national youth protection argument.
• D)national security argument.
• E)environmental protection argument.

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Definitions:

Distributive Justice

A principle concerned with the fair allocation of resources among diverse members of a community.

Libertarian

A political ideology favoring minimal state intervention in the personal and economic affairs of individuals, emphasizing freedom and voluntary association.

Egalitarian

Based on the principle that all people are equal and deserve equal rights and opportunities.

Equal Share

A division of assets, resources, or responsibilities among parties where each receives an identical portion or amount.