Economic Issues Have Provided the Basis for Texas Conservatism with the View

question 20

Multiple Choice

Economic issues have provided the basis for Texas conservatism with the view that

• A)wealth should be stimulated among the working classes to further economic growth.
• B)government programs to provide public services are unnecessary and anti-capitalist.
• C)government power should be used to limit the economic effects of dramatic swings in the business cycle.
• D)governmental intervention in the economy is crucial for the maintenance of a sound monetary and banking system.
• E)government's role in the regulatory function is crucial to maintaining control of obscene profits by corporate interests at the expense of the workers.

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Definitions:

National Level

Pertains to activities or issues that encompass an entire nation, as opposed to local or regional aspects.

Concurrent Powers

Powers in federal systems that are shared by both the state governments and the federal government.

National

Relating to or characteristic of a nation; typically referring to matters that affect a country as a whole.

State Governments

The governmental authorities of individual states within a federal system, responsible for local governance and exercising certain powers independently from the federal government.