According to De Tocqueville, What Aspects of American Society Encourage

question 36

Multiple Choice

According to de Tocqueville, what aspects of American society encourage the development of democracy?

• A)the tendency to join voluntary groups
• B)strong local ties
• C)having little need for a central government
• D)all of these

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Definitions:

Exchange Rates

The rate at which one currency can be exchanged for another currency, affecting international trade and economic transactions.

Inflation Rates

How quickly the broad price level of goods and services escalates, lessening consumer purchasing capability.

Currency Speculators

Individuals or entities that buy and sell currencies with the aim of profiting from changes in exchange rates.

Inflation

A general increase in prices and a decrease in the purchasing value of money.