To Use a Market Rationality Means Using the Same Principles

question 23

Multiple Choice

To use a market rationality means using the same principles that guide private business. The main incentive, therefore, is secure profit. In most cases, this securing of profit requires that businesses:

• A) address environmental concerns
• B) respond to the demands of their consumers
• C) obey governmental rules and regulations
• D) stay on top of technological advances

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Definitions:

Election of 1942

A midterm election in the United States held during World War II, which saw the Democratic Party losing seats to the Republicans in Congress.

Civil Rights

The rights of citizens to political and social freedom and equality, often associated with movements to end discrimination and ensure equal protection under the law.

World War II

A global conflict that lasted from 1939 to 1945, involving most of the world's nations including all the great powers, eventually forming two opposing military alliances: the Allies and the Axis.

Holocaust

The systematic, state-sponsored persecution and murder of six million Jews and millions of others by the Nazi regime and its collaborators during World War II.