During the English Political Upheaval Between 1640 and 1660

question 69

Multiple Choice

During the English political upheaval between 1640 and 1660:

• A) new religious sects began demanding the end of public financing and special privileges for the Anglican Church.
• B) groups began calling for the elimination of a written English constitution on the grounds that kings merely abused its privileges.
• C) writer John Milton called for an end to freedom of speech and freedom of the press, because it caused too much controversy.
• D) the execution of King Charles II led to new debates about crime and punishment.

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Definitions:

Monopolist

An individual or entity that is the sole provider of a particular good or service in the market, enabling them to control prices.

Substitutes

Goods or services that can be used in place of each other, where the increase in price of one leads to an increase in demand for the other.

Imperfectly Competitive

Describes markets where individual sellers have some control over the price of their goods or services, as opposed to perfect competition where none exists.

Price Makers

Firms or entities that have the ability to influence the price of goods or services in the market due to their size, uniqueness of product, or market power.