The Modern Totalitarian State Can Be Characterized by All of the Following

question 69

Multiple Choice

The modern totalitarian state can be characterized by all of the following except

• A) it made use of modern technology to control their subjects.
• B) it included only right-wing but never left-wing governments.
• C) it was led by a single leader.
• D) there was only one legal political party.
• E) it transcended traditional political labels of left and right.

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Definitions:

Perfectly Competitive Firm

A business that operates in a market where there are many buyers and sellers, the products are homogeneous, and there are no barriers to entry or exit.

Total Revenue

The total amount of money received by a company for goods sold or services provided during a specific period; calculated as the quantity sold multiplied by the sale price.

Output Produced

The total quantity of goods and services produced by a firm or economy over a specific period.

Barriers to Entry

Obstacles that make it difficult for new competitors to enter a market, including high startup costs, strict regulations, and strong brand loyalty among consumers.