A Study Found That the More _____ a Country Had

question 91

Multiple Choice

A study found that the more _____ a country had between 1975 and 1995,the more economic growth it achieved and the richer its citizens became.

• A)protectionism
• B)economic freedom
• C)economic regulation
• D)trade tariffs

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Definitions:

Communist Central Planners

Officials or authorities in a communist country responsible for determining the production, distribution, and allocation of goods and services.

Product Differentiation

The act of distinguishing a product or service from market rivals to heighten its allure for a particular target market.

Uniform Design

The creation of a consistent and standardized appearance across products or within an organization.

Mass Production

The manufacture of large quantities of standardized products, often utilizing assembly line technology and automation.