Nolivia Is a Small and Poor Nation, but Its Current

question 141

Multiple Choice

Nolivia is a small and poor nation, but its current president has a genuine desire to create more wealth for Nolivia citizens. The president has received recommendations from several of her advisors. Which of the following recommendations is likely to create the most wealth for Nolivia?

• A) Acquire more land by invading a neighboring country that is even poorer and weaker than Nolivia.
• B) Use foreign aid from other nations to purchase more tools and machinery.
• C) Establish a business environment that promotes and rewards entrepreneurship.
• D) Establish barriers to trade to protect Nolivia businesses from foreign competition.

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Definitions:

Misinformation Effect

The phenomenon where a person's recall of episodic memories becomes less accurate due to post-event information.

Repressed Memory

A controversial concept suggesting that memories of traumatic events can be pushed out of conscious awareness, potentially to resurface later.

Slaves

People who were forced into bondage and ownership by others, deprived of personal freedom and compelled to perform labor or services without compensation.

State

A politically organized body of people usually occupying a defined territory and governed by an authority that has the power to make and enforce laws.