Syndicalists Believed That

question 25

Multiple Choice

Syndicalists believed that

• A) small groups, or syndicates, of wealthy people controlled the economic life of their individual countries.
• B) the best government was the one that governed the least and passed the fewest laws.
• C) people should not be ruled by any government at all, because all governments eventually become corrupt.
• D) private property should be outlawed.
• E) only peasants and owners should comprise a country's government, because they were the only ones making a significant contribution to society.

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Definitions:

Net Welfare Loss

Describes the reduction in social welfare, often resulting from inefficiencies such as taxes, subsidies, tariffs, or monopolies, which distort market equilibrium.

Tariff

A tax imposed by a government on goods and services imported from other countries to protect domestic industries from foreign competition.

Restrictions

Limitations or constraints imposed on activities, actions, or movements, often by laws, regulations, or policies.

Government Revenue

The income received by the government from taxes, fees, fines, and other sources.