The Failure of Communism in a Large Number of Countries

question 90

Multiple Choice

The failure of communism in a large number of countries is at least partly explained by

• A)the fact that those countries relied absolutely on the invisible hand.
• B)the fact that those countries did little or nothing to restrict trade with other countries.
• C)the lack of information,on the part of central planners in those countries,about tastes and preferences in their economies.
• D)the lack of information,on the part of central planners in those countries,about how much authority the government had in affecting economic outcomes.

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Definitions:

Graphic Rating Scale

A type of performance assessment that uses a checklist of traits or characteristics to evaluate performance.

Behaviourally Anchored Rating Scale

A performance appraisal method that uses specific examples of behavior to evaluate the performance of employees instead of relying on more subjective measures.

Bona Fide

Means genuine, real, or without the intention of deceit; often used to describe authentic documents or sincere intentions.

Sexual Discrimination

Unfair treatment of individuals based on their sex or gender, leading to disparities in opportunities and outcomes.