The Populist Reform Program That Elected Rafael Caldera in 1993

question 19

Multiple Choice

The populist reform program that elected Rafael Caldera in 1993 called for

• A) limits on worker layoffs, increased wages, and repeal of IMF-sponsored consumer taxes.
• B) privatization of the State-owned oil, aluminum, steel, and electrical industries.
• C) collaboration with the IMF to secure new loans to develop the national economy.
• D) the reduction of taxes, social spending, and government regulations on foreign investment.

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Definitions:

Unauthorized Checks

Checks that are issued and used without the account holder's knowledge or consent, typically an illegal activity.

Liability

The state of being legally responsible or obligated to settle a debt, fulfill a contractual duty, or compensate for harm or loss.

Authorizing

The act of giving legal or formal approval for something or someone to proceed or act in a certain way.

Enforce

To compel obedience to a law, rule, or obligation through the imposition of penalties or other legal mechanisms.