The First Federally Funded Program for Compensatory Preschool Education Aimed

question 126

Multiple Choice

The first federally funded program for compensatory preschool education aimed at enriching the deprived environments of poor children was

• A) Project Good Start.
• B) Project Head Start.
• C) the Carolina Abecedarian Project.
• D) the HOME inventory.

Understand the factors influencing economic growth and productive efficiency.

Recognize the impact of technological advancements and immigration on the expansion of a nation's production possibilities frontier.

Identify the effects of unemployment rates on economic operations relative to the production possibilities curve.

Distinguish between different states of employment (e.g., full employment, depression, recession) and their representations on economic models.

---

Definitions:

Profit-Maximizing

A strategy where a firm determines the price and production level that yields the highest possible profit.

Loss-Minimizing

A strategy aimed at reducing the negative impacts of business operations, often by cutting costs or improving efficiency.

Differentiated Product

Goods or services that are distinguished from similar products by characteristics like quality, design, brand, or attributes.

Monopolistically Competitive Industry

A market structure characterized by many firms selling products that are similar but not identical, allowing for significant product differentiation.