"The Distribution of Income Should Be Left to the Market

question 166

True/False

"The distribution of income should be left to the market" is an example of a positive economic statement.

---

Definitions:

Union Draft Law

Legislation enacted during the American Civil War that allowed for the conscription of individuals into the Union Army.

Military Service

The act of serving in the armed forces of a country, either as a compulsory duty or voluntarily, to defend and protect the nation's interests.

Irish Immigrants

People from Ireland who moved to another country, notably to the United States in the 19th and early 20th centuries, often to escape famine, economic hardship, or political unrest.

Industry Declined

A situation where a specific sector of the economy experiences a significant reduction in activity, production, or growth, often leading to economic downturns and job losses.