In Addition to Being Defeated by the Viet Minh at Dien

question 16

Multiple Choice

 In addition to being defeated by the Viet Minh at Dien Bien Phu in 1954,the French decided to cut their relationship to Vietnam as a colonial power because

• A)Ho Chi Minh had made a successful appeal to the United Nations.
• B)the Chinese came into the war militarily on the side of Vietnam.
• C)the United States and Britain agreed to take up the fight for the French.
• D)France considered its nationalistic insurgency in Algeria more important that Vietnam.
• E)a national vote had elected Ho president of the new Vietnam.

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Definitions:

Diamond

A precious gemstone formed under high temperature and pressure conditions, often used in jewelry and industrial applications, not primarily an economic term unless discussing market dynamics.

Market Outcomes

The final results of all the buying and selling interactions between consumers and firms in a particular market.

Market Failure

A situation in which the allocation of goods and services by a free market is not efficient, often leading to a net social welfare loss.

Market Inequalities

Disparities that exist within the economic market system, often reflecting differences in wealth, income, and access to resources.