A Dependable Legal System and Competitive, Open Markets Help To

question 118

Multiple Choice

A dependable legal system and competitive, open markets help to:

• A) shape incentives that induce economic growth.
• B) reduce liberty and varied freedoms.
• C) bring about honest government and political stability.
• D) increase inefficiencies.

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Definitions:

Egalitarianism

A belief in human equality, particularly with respect to social, political, and economic rights and privileges.

Democratic Elections

A process of choosing representatives or leaders through a vote, where each citizen has a say.

Constitution

The fundamental principles or established precedents according to which a state or other organization is acknowledged to be governed.

Presidential Vote

The electoral process in which citizens or electors cast ballots to elect the president and vice-president of a country.