"If the Government Seeks to Rule by Decree, and to Maintain

question 46

Multiple Choice

"If the government seeks to rule by decree, and to maintain order by the use of punishment, the people will seek to evade punishment and have no sense of shame. But if the government leads by virtue and governs through the rules of propriety, the people will feel shame and seek to correct their mistakes." This statement reflects the ideas of

• A) Legalism.
• B) Daoism.
• C) Zhouism.
• D) Confucianism.
• E) Qin Shi Huangdi.

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Definitions:

Long Run Entry

The process by which new firms enter a market, adjusting the supply side of the market, typically considering all factors of production as variable.

Social Welfare

Programs and policies designed to enhance the well-being of individuals and communities, often through provision of health, education, and financial support.

Banned Advertising

Advertising that is prohibited by law due to being misleading, promoting harmful products, or being offensive.

Monopolistically Competitive

This term refers to market structures where many firms sell products that are similar but not identical, allowing for some degree of market power and product differentiation.