A Large Body of Research Shows That Democracy

question 13

Multiple Choice

A large body of research shows that democracy:

• A)raises inequality
• B)makes it easier for elite groups to misuse their power
• C)decreases political stability
• D)provides a better investment climate
• E)is less inclined to take steps to ensure basic needs like education and health

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Definitions:

Gray Market

Employs irregular but not necessarily illegal methods; generally, it legally circumvents authorized channels of distribution to sell goods at prices lower than those intended by the manufacturer.

Manufacturers

Businesses or individuals involved in the production of goods using labor, machines, and tools, turning raw materials into finished products.

Upscale Manufacturers

Companies that produce high-quality, often luxury products aimed at a market segment willing to pay premium prices for superior goods.

Prestige Products

High-quality items that are marketed to appeal to consumers' desires for luxury and status rather than practicality.