The Means by Which Countries Allocate Resources,goods,and Services to Citizens

question 45

Multiple Choice

The means by which countries allocate resources,goods,and services to citizens make up an:

• A) Economic system
• B) Economic policy
• C) Economic determination
• D) Economic adaptation
• E) Economic design

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Definitions:

Bakke Case

A landmark Supreme Court case formally known as Regents of the University of California v. Bakke, dealing with affirmative action and race quotas in university admissions.

Quotas

Fixed shares or numbers of items or people, designated as a minimum or maximum, often used in importing and exporting goods, university admissions, or workplace diversity initiatives.

Affirmative Action

Policies and measures designed to increase opportunities for underrepresented groups by considering factors like race and gender in areas such as education and employment.

Separate Admissions Standards

Different criteria or requirements used to evaluate and admit students into educational institutions, often based on demographic or associative characteristics.