Realization of Gains from Trade, Entrepreneurial Discovery, and Investment Are

question 24

Multiple Choice

Realization of gains from trade, entrepreneurial discovery, and investment are largely dependent on

• A) competitive elections and political democracy.
• B) the presence of institutions and policies consistent with economic freedom.
• C) the use of tariffs and quotas to protect domestic businesses from competition with foreigners.
• D) the use of government planning to direct investments into worthwhile projects.

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Definitions:

Cumulative Effects Hypothesis

The theory that the impact of multiple stressors or disadvantages accumulates over time, leading to more significant negative effects on an individual's health or well-being than any single factor alone.

Stepfamily

A family unit composed of a married couple where at least one person has a child or children from a previous relationship.

Social Capital Models

Concern theories and frameworks that analyze the benefits derived from social networks, trust, and norms in a community.

Family Stress Theories

Theories that explore how families respond to and are affected by stress, focusing on adaptation and coping mechanisms.