Who Wrote of the Tyranny of the Majority

question 61

Multiple Choice

Who wrote of the tyranny of the majority?

• A) de Tocqueville
• B) Yutang
• C) Rawls
• D) Lao-tze

Understand the definitions and characteristics of inferior goods, normal goods, substitute goods, and complementary goods.

Identify factors that shift demand and supply curves, including income changes, price expectations, and changes in tastes.

Analyze the effects of price changes on demand and supply, including movements along and shifts of curves.

Comprehend the impact of changes in related goods' prices (substitutes and complements) on the demand for a good.

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Definitions:

Manufacturing Economy

An economy that is primarily based on the production and export of manufactured goods.

Union Organizing

The process by which workers and labor unions work together to form or join a union in order to negotiate collectively with their employers regarding wages, hours, benefits, and working conditions.

Work Time

The duration or period during which an employee is considered to be on duty or performing activities related to their job.

Strikes

Work stoppages initiated by employees to press for better wages, conditions, or other labor issues.