When a Law Is Passed That Requires Businesses to Obtain

question 136

Multiple Choice

When a law is passed that requires businesses to obtain permission from government officials in order to enter a market, this is an example of

• A) price-control legislation.
• B) a barrier to entry
• C) antitrust legislation.
• D) the invisible hand principle.

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Definitions:

Multiculturalism

The presence of, or support for the presence of, several distinct cultural or ethnic groups within a society.

Cultural Change

A significant shift in the values, norms, customs, and practices of a group or society, often over time.

Mainstream Culture

The dominant set of norms, values, and practices of the majority population within a society.

Career Apparel

Clothing and accessories appropriate for a professional setting or occupation, often reflecting the industry's standards or norms.