Paralleling the Spread of Democracy, Since the 1980s There Has

question 21

Multiple Choice

Paralleling the spread of democracy, since the 1980s there has been the transformation from:

• A) free-market economies to socialist economies.
• B) mixed economies to collectivist economies.
• C) open economies to closed economies.
• D) command economies to market-based economies.

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Definitions:

Clinton Administration

The executive period in the United States from 1993 to 2001, under President Bill Clinton, characterized by economic prosperity and several domestic and international challenges.

Economic Significance

The importance of an entity or event in terms of its impact on the economy, relating to wealth, resources, and the production of goods and services.

Technological Advance

Progress in the development and application of scientific knowledge to practical tasks in industries such as computing, engineering, and biotechnology.

Scientists

Scientists are individuals who conduct scientific research to advance knowledge in an area of interest, typically using systematic methods to study the natural world and its phenomena.