Many Persons Object to the Results of the Competitive Market

question 99

Multiple Choice

Many persons object to the results of the competitive market system because

• A)it takes too much energy to coordinate activities.
• B)efficient outcomes may not be compatible with their ideas of a fair distribution.
• C)a few people can control all economic activity.
• D)it fosters high rents and low beef prices.

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Definitions:

Talking Circle

A traditional form of communication among Indigenous peoples where participants sit in a circle to openly share thoughts and listen to others in an atmosphere of respect.

Wars

Armed conflicts between different nations or groups within a nation, characterized by violence, chaos, and significant human and material losses.

Social Upheaval

A significant disruption or change in the structure, functioning, or equilibrium of society, often associated with conflict, revolutions, or reforms.

Aggression

Behavior intended to harm or intimidate others, which can manifest physically, verbally, or psychologically.