Which Phrase Best Characterizes Bismarck's View of Germany's Relationship with France

question 72

Multiple Choice

Which phrase best characterizes Bismarck's view of Germany's relationship with France during the early 1870s?

• A)mutually beneficial
• B)damage control
• C)friendly
• D)openly antagonistic

---

Definitions:

Opportunity Cost

The value of the next best alternative forgone as the result of making a decision.

Production Alternative

Different ways in which a firm could allocate its resources to produce various goods or services.

Capital Goods

Physical assets used by a company to produce goods and services that are used to produce consumer goods or services.

Scarcity

The fundamental economic problem of having seemingly unlimited human wants in a world of limited resources.