Of the 400 Million Internet Users Worldwide, Approximately How Many

question 2

Multiple Choice

Of the 400 million Internet users worldwide, approximately how many are in the United States?

• A) fewer than 5 percent
• B) between 12 and 20 percent
• C) about half
• D) between 75 and 90 percent
• E) more than 92 percent

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Definitions:

Collective Decision-Making

The use of the political process (voting, taxes, government spending, regulation, political bargaining, lobbying, and so on) to make decisions and allocate resources. In a democratic setting, the votes of citizens and their representatives will determine the actions undertaken.

Basic Economic Questions

Fundamental questions that every economic system must address: What to produce, how to produce, and for whom to produce.

Private-Property Rights

Legal provisions that allow individuals to own, control, and benefit from property such as land, buildings, or intellectual property.

Competitive Economic Behavior

Actions exhibited by businesses or individuals in an attempt to achieve a market advantage, often through price, quality, and service.