Syria, Libya, and Iraq Have All Lost Control of Their

question 29

Multiple Choice

Syria, Libya, and Iraq have all lost control of their own territory and have been unable to provide services and protection to their citizens with the rise of ISIS. These countries would be examples of a ______.

• A) ​failed state
• B) ​freed state
• C) ​collapsed state
• D) ​crisis state

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Definitions:

Economic Policy

Strategies and decisions by a government or organization aimed at achieving specific economic aims, such as controlling inflation, reducing unemployment, or promoting growth.

Capital Goods

Assets used by businesses to produce goods and services, such as machinery, buildings, and equipment.

Investment

Expenditures that increase the volume of physical capital (roads, factories, wireless networks) and intangible ideas (formulas, processes, algorithms) that help to produce goods and services. Also known as economic investment. Not to be confused with financial investment.

Marginal Analysis

The comparison of marginal (“extra” or “additional”) benefits and marginal costs, usually for decision making.