Countries That Rely on a Free Market System Are Plagued

question 191

True/False

Countries that rely on a free market system are plagued by persistent shortages or surpluses of goods and services.

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Definitions:

Laurasia

Laurasia refers to the northernmost of two supercontinents (the other being Gondwana) that formed part of the Pangaea supercontinent in late Paleozoic and early Mesozoic times.

Continental Structure

The geological configuration and constituents of continents, including the crust, mantle shelf areas, and tectonic activities.

Pangea

A supercontinent that existed during the late Paleozoic and early Mesozoic eras, assembling all the earth's landmasses into one single landform.

Gondwana

An ancient supercontinent that included most of the landmasses in today's Southern Hemisphere, including Antarctica, South America, Africa, Madagascar, Australia-New Guinea, and the Arabian Peninsula.