Which of the Following Statements About the Relationship Between Government

question 41

Multiple Choice

Which of the following statements about the relationship between government and capitalism is FALSE?

• A) Government makes it possible for markets to function efficiently.
• B) Government rule making means that people no longer need to rely on personal trust when conducting business.
• C) Before the Progressive era, the marketplace was untouched by government interference.
• D) Markets break down in nations that have weak governments.
• E) There is much disagreement among the public and politicians over the extent of the role the government should play in the economy.

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Definitions:

Church Of England

The primary state church in England, a Protestant Anglican church with Queen Elizabeth II as its supreme governor.

Seventeenth Century

A period from 1601 to 1700 in the Gregorian calendar, marking a phase of significant developments in global exploration, science, and cultural exchanges.

Catholicism

The Christian denomination led by the Pope in Rome, characterized by its sacramental system and doctrines such as the veneration of saints.

Virginia House Of Burgesses

The first democratically-elected legislative body in British North America, established in 1619, setting a precedent for representative government in the American colonies.