The Changes in the American Business System That Have Had

question 341

Multiple Choice

The changes in the American business system that have had the most dramatic impact on the workings of the free enterprise system are the changes in

• A) the labor force.
• B) technology.
• C) financial regulations.
• D) consumer behavior.

---

Definitions:

Validity

The extent to which a concept, conclusion or measurement is well-founded and likely corresponds accurately to the real world.

Random Assignment

A procedure that ensures each subject in an experiment has an equal probability of being in either the experimental or the control group, guaranteeing the equivalence of these groups.

Experimental Groups

In research, these are groups where the subjects are exposed to the treatment or condition being tested to measure its effect.

Control Groups

In experimental research, a group of subjects that does not receive the treatment or intervention being tested, serving as a benchmark to measure the effect of the treatment.