Several States Are Now Asserting Economic Nexus

question 37

True/False

Several states are now asserting economic nexus.

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Definitions:

Hegemonic

Pertaining to dominance, especially of one state or society over others.

Political Economic System

A theoretical framework that combines political science and economics to study the relationships between political policies, economic processes, and social structures.

Capitalism

An economic system characterized by private or corporate ownership of capital goods, investments determined by private decision, and prices, production, and the distribution of goods determined primarily by competition in a free market.

Western Marxism

A strand of Marxist theory that emphasizes culture and ideology's role in the capitalist system, originating in Western Europe.