Majority Rule Allocates Resources in the Way That

question 114

Multiple Choice

Majority rule allocates resources in the way that

• A)politicians choose.
• B)a majority of voters choose.
• C)democracies choose.
• D)all voters choose.
• E)the military chooses.

Recognize the role of commodity money in history and its characteristics compared to fiat money.

Understand the basic operations and effects of monetary policy and the role of the Federal Reserve.

Identify and describe the stages of the general adaptation syndrome.

Recognize the effects of stress on task and cognitive performance.

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Definitions:

Ordinance of 1785

A law that regulated land sales in the Old Northwest. The land surveyed was divided into 640-acre plots and sold at $1 per acre.

Self-Government

A form of government in which the people govern themselves without external control.

Apportioning

The process of distributing or allotting something among various parties, often used in the context of legislative representation or resource allocation.

Northwest Territory

The historical region of the United States that encompassed the area northwest of the Ohio River, established by the Northwest Ordinance of 1787, and fundamental in the country's expansion westward.