Markets Are Beneficial Due To

question 1

Multiple Choice

Markets are beneficial due to:

• A) efficiency
• B) equitable distribution of income
• C) safest way to produce food
• D) all of the other answers

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Definitions:

Power Sharing

A political arrangement in which different political groups, often in a country with a history of conflict, share control of government positions and responsibilities.

Federalism

A system of government in which power is divided between a central (national) government and various regional governments.

Supreme Executive Power

The ultimate authority vested in an executive head of state or government, responsible for enforcing laws and governing.

Shared Power

The distribution of governmental responsibilities and powers between different branches or levels of government to prevent abuse of authority.