The Principle of Subsidiarity Is a Way to

question 68

Multiple Choice

The principle of subsidiarity is a way to

• A)divide power between local governments and unions.
• B)provide support for industries in decline.
• C)provide support for industries under pressure from foreign competition.
• D)divide power between national governments and the EU.

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Definitions:

Monopolistic Competition

A market structure where many firms sell products that are similar but not identical, leading to competition based on price, quality, and marketing.

Price-fixing

An illegal agreement among competitors to cooperate on setting prices at a certain level, eliminating competition and harming consumer interests.

AU Optronics

A Taiwan-based electronics company specializing in the manufacture of TFT LCD panels used in televisions, computer monitors, and other digital display devices.

LCD Screens

Thin, flat display devices made up of a number of color or monochrome pixels arrayed in front of a light source or reflector.