Match the Person or Term with the with the Correct

question 23

Multiple Choice

Match the person or term with the with the correct description.
-Teller Amendment

• A)argued that the Constitution did not apply to territories
• B)excluded Chinese women from entering the United States
• C)separate, but equal
• D)warned that empire was incompatible policy with democracy
• E)the United States was not to annex Cuba
• F)politically active farmers
• G)gave Asians citizenship under Fourteenth Amendment
• H)labor unrest at a Carnegie steel mill
• I)effort to keep free trade in China
• J)campaigned for temperance
• K)excluded from voting
• L)blacks migrated out of South

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Definitions:

Market Failure

A circumstance where the distribution of goods and services through an unregulated market fails to be efficient, frequently resulting in a decrease in overall social welfare.

Externalities

Expenses or advantages impacting individuals who did not decide to bear those expenses or advantages.

Public Goods

Goods or services that are available to all members of a society, typically provided by the government, with no one excluded from benefitting.

Efficient Mix

The most advantageous combination of goods and services that can be produced and distributed with the available resources and technology, maximizing overall welfare.