Free Markets Are More Efficient Decision Makers Than Government Rules

question 12

Multiple Choice

Free markets are more efficient decision makers than government rules.Which of the following is a result of the efficient decisions made by free markets?

• A)National boundaries are becoming stronger.
• B)Technology is shrinking the globe.
• C)Financial assets have stopped flowing freely.
• D)The standards of living of less developed countries have decreased.

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Definitions:

Critical Evaluation

Involves systematically assessing the merits and faults of a theory, process, or piece of work, considering all relevant factors to form a logical judgment.

Leadership

The action of leading a group of people or an organization, or the ability to do this.

Situational Variable

A factor that changes depending on the context or situation, affecting outcomes in research or behavior.

Altruism

The selfless concern for the well-being of others, often leading to helping behavior without expectation of personal gain.