As the Term "Global" Become "Local", and as We See

question 91

Multiple Choice

As the term "global" become "local", and as we see more opportunities to compete in the global market,

• A) the long-term trend is for most nations to operate as mixed economies.
• B) disagreements about the best economic system to embrace will cause many nations to close their doors to outside commerce.
• C) the only industries that governments will want to own are the ones that are profitable.
• D) the forecast is for socialist nations to trend toward communism (Cuba is the example) and for capitalist nations to trend toward socialism.

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Definitions:

Emotions

Complex psychological states that involve a subjective experience, physiological response, and a behavioral or expressive response.

Cognition

The cognitive process of gaining knowledge and comprehension via reflection, experience, and sensory perception.

Schachter and Singer's Theory

A psychological theory suggesting that emotions are determined by physiological arousal and the cognitive interpretation of that arousal, emphasizing the role of environmental cues in identifying the type of emotion experienced.

Emotion

A complex psychological state that involves a subjective experience, a physiological response, and a behavioral or expressive response.