Examlex
Which of the following events in the history of China has made the country wary of foreign influences?
Public Choice Theory
An economic theory that studies how public decisions are made, emphasizing the roles of incentives, behavior, and institutions.
Self-Interest
The motivation driving individuals to pursue their own objectives and benefits, often guiding economic behavior and decision-making.
General Welfare
Refers to the overall economic health and wellbeing of a community or nation, encompassing factors such as employment, healthcare, and living standards.
Public Choice Theory
A branch of economics that studies how economic theories and methodologies apply to decision-making in the public sector, often focusing on the behavior of voters, politicians, and public officials.
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