The 1968 Student Protests in France Attracted Workers as Well

question 63

Multiple Choice

The 1968 student protests in France attracted workers as well as students, as both were demanding

• A) an increase in the national minimum wage.
• B) an end to gender and racial discrimination in official hiring policies.
• C) a greater voice in official decision making, whether on campus or in the factory.
• D) the end of France's involvement in the Common Market.

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Definitions:

Market Failure

A situation where the free market fails to allocate resources efficiently, leading to a net social welfare loss.

Private Goods

Goods that are excludable and rival in consumption, meaning their use is limited to paying customers and one person's use of the good prevents another's use of it.

Prices

The sum of money needed to buy a product or service.

Efficient Allocation

The optimal distribution of resources in an economy, where resources are utilized in a manner that maximizes societal welfare without any wastage.