Which of the Following Was Not an Observation Made by the Chinese

question 119

Multiple Choice

Which of the following was not an observation made by the Chinese pilgrim Fa-hsien about life in the reign of Chandra Gupta II?

• A)Government was very inefficient.
• B)Crime was rare.
• C)One could travel from one end of the country to the other without fear of molestation.
• D)all of these choices
• E)none of these choices

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Definitions:

Oligopolized Industry

An economic condition where a few firms dominate a market, often leading to limited competition and potential collaboration on pricing and output.

Differentiated Product

A product that differs from similar market offerings by brand, quality, features, or customer service, giving it a unique selling point.

Big Business

Large-scale or significant commercial enterprises that have considerable influence on the economy, politics, and society due to their size and power.

Oligopoly

A market structure characterized by a small number of firms controlling a large share of the market, leading to limited competition.