In the Context of Global Economy,which of the Following Has

question 67

Multiple Choice

In the context of global economy,which of the following has been widely accepted since the late 1980s?

• A)centrally planned command economy
• B)mixed economy
• C)nationalization of private property
• D)deregulation of economies
• E)authoritarian regime

Comprehend the conservative approach to addressing welfare dependency.

Interpret income distribution data from specific lines and curves.

Understand different economic theories and the economists associated with them.

Grasp the understanding of rent theory and its implications on economics and policy.

---

Definitions:

Industrial Relations

The study and practice of managing the relationships between employers, employees, and trade unions.

Worker Centers

Community-based and advocacy-focused organizations that provide support to workers who are often in low-wage jobs and not represented by a union.

Labor Markets

Economic markets where labor is traded, characterized by the demand and supply of labor force.

National Labor Relations Board

An agency of the US government tasked with implementing United States labor laws concerning collective bargaining and addressing unjust labor practices.