What Is the Meaning of Following Term

question 30

Multiple Choice

What is the meaning of following term:
-Third world socialism (F) __

• A) Total market value of all goods and services produced within a country.
• B) The reduction of government involvement in economic activities and the increase in private influences on the economy.
• C) Encompasses growth and equity or human development.
• D) Favors both growth and conserving natural resources.
• E) Belief in values that include social harmony, adherence to a social hierarchy, obedience, loyalty, respect, strict morals, trust, and honesty.
• F) Calls for less private enterprise and a greater role for government in the economy.
• G) Total market value of all goods and services produced by citizens of a state regardless of where they are located.
• H) Gives the government a central role in economic development.
• I) Determines the price of goods and services.
• J) Quantitative increases in economic activities, including a larger economy and more money.
• K) Measures the quality of life people experience.
• L) A theory that opposes Marxism and draws upon African traditions of communalism and humanism.
• M) Stresses the relationships among three classes of countries.
• N) Items such as roads and bridges that aid in the effective use of resources.
• O) Stresses the dominance of economic determinants of history and the inevitability of class conflicts.
• P) Prevents the free exchange of goods and services.
• Q) Significant and measurable economic growth and the emergence of social, economic, and political institutions.
• R) The illegal use of an official position or title for personal gain.
• S) The maximum number of humans and animals a given area can support without creating irreversible destruction.
• T) Explains how countries achieve economic improvements.
• U) Stresses the role of European capitalism in creating economic groups of countries.
• V) Index concentrating on inequality between women and men.
• W) Stress cultural and environmental influences on development.
• X) A system of values, beliefs, and ideas.
• Y) Theory concerned with the relationship between output and costs.
• Z) Predicts how humans behave or how things work in the world under certain circumstances.

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Definitions:

Shays's Rebellion

An armed uprising in Western Massachusetts in 1786-1787, led by Daniel Shays, highlighting the need for a stronger national government which led to the drafting of the U.S. Constitution.

Articles of Confederation

The first constitution of the United States, ratified in 1781, which was replaced by the US Constitution in 1789 due to its weaknesses in central authority.

Revolutionary War

The conflict (1775-1783) between the thirteen American colonies and Great Britain, leading to the independence of the United States.

Louisiana Purchase

The acquisition of the territory of Louisiana by the United States from France in 1803, doubling the size of the U.S. and opening the west for expansion.