Examlex

Solved

Which of the Following Is NOT an Explanation for Increased

question 21

Multiple Choice

Which of the following is NOT an explanation for increased rates of HIV-AIDS infection in Southeast Asia?


Definitions:

Command Economy

An economic system where the government controls all major aspects of production, investment, and distribution.

Laissez-Faire

An economic theory from the 18th century that is strongly against the government interfering in the marketplace.

Invisible-Hand

A term coined by Adam Smith to describe the self-regulating nature of the marketplace, where individual self-interest inadvertently benefits society at large.

Command Economy

An economic system where the government or central authority makes all decisions regarding the production and distribution of goods and services.

Related Questions