An Economy Is Judged Efficient If

question 47

Multiple Choice

An economy is judged efficient if

• A)it is good at producing what people want.
• B)it produces things that people may not want but in the least wasteful way.
• C)produces whatever people want in a way that may not be the least wasteful.
• D)it is a free-market economy and not a command market.

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Definitions:

Home Mission Movement

The Home Mission Movement was a religious initiative within the United States focused on evangelizing and providing education and social services within domestic frontier and urban areas.

Economic Independence

Economic independence refers to the state where an individual, group, or nation can sustain itself without relying on external financial support.

Miscegenation

Miscegenation is the interbreeding of people considered to belong to different racial groups, through marriage, cohabitation, sexual relations, or procreation, often historically subject to legal restrictions and social taboo.

Intermarriage

The marriage between people of different racial, ethnic, religious, or social backgrounds.