Without Government Intervention in Competitive Markets

question 128

Multiple Choice

Without government intervention in competitive markets:

• A)evidence of discrimination in market economies is generally quite prevalent
• B)discrimination is motivated by profit-maximising entrepreneurs
• C)the inequity of discrimination cannot be rectified
• D)evidence of employer discrimination is rare

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Definitions:

Stereotypes

Oversimplified generalized ideas about a group of people that often do not reflect reality and can result in unfair assumptions.

Assumptions

Things that are accepted as true or as certain to happen, without proof.

Self-Esteem

The subjective evaluation or appraisal of one's own worth, capabilities, and overall value.

Prejudices

Preconceived opinions that are not based on reason or actual experience.