The Policy of "Containment" Can Best Be Described As

question 60

Multiple Choice

The policy of "containment" can best be described as:

• A) preventing the expansion of U.S. economic interests in Latin America to appease growing unrest in impoverished regions.
• B) a focus on the containment of further military conflict in the postwar world.
• C) preventing the spread of communism worldwide.
• D) George Kennan's theory that the United States must pursue normal relations with the Soviet Union, or fail to contain Chinese postwar aggression.

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Definitions:

Substitution Effect

The change in consumption patterns due to a change in the relative prices of goods, leading consumers to substitute cheaper goods for more expensive ones.

Price

The amount of money expected, required, or given in payment for something, reflecting the value that consumers and sellers assign to a good or service.

Apples

A fruit cultivated worldwide, also used metaphorically in economics and finance to represent commodities or assets for comparative analysis.

Perfect Complements

Goods that are consumed together in fixed proportions, where the value or utility of one good increases with the consumption of the other.