Which Economic Theory, Widely Accepted Prior to the 1930s, Advocates

question 60

Multiple Choice

Which economic theory, widely accepted prior to the 1930s, advocates less intervention in the economy, allowing businesses to conduct their affairs more or less free from governmental regulation?

• A) trickle-down theory
• B) laissez-faire theory
• C) Keynesian economics
• D) Roosevelt theory
• E) capitalism

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Definitions:

ATP

Adenosine triphosphate, a molecule that carries energy within cells, being essential for a multitude of cellular functions.

Glucose

A fundamental sugar, vital for energy provision in living creatures and incorporated in a wide range of carbohydrate structures.

Patella

The kneecap; a small flat triangular bone located in front of the knee joint.

Hyoid

A U-shaped bone in the neck that supports the tongue and is associated with swallowing.