Mao's Little Red Book

question 43

Multiple Choice

Mao's Little Red Book

• A)became available only after Deng Xiaoping assumed power.
• B)superseded all other learning sources during the Cultural Revolution.
• C)was banned during the Cultural Revolution.
• D)codified specific scientific theorems and postulates.
• E)was a secret document which would lead to capitalism in China.

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Definitions:

Tariff

A tax imposed on imported goods to protect domestic industries or to generate revenue.

Imports

Goods and services bought by residents of a country from other countries.

Opportunity Costs

The loss incurred by not opting for the alternative that stands as the next best choice during decision-making.

Specialization

The process of focusing resources on a limited range of goods or services to gain efficiency or quality advantages.