The Theory of Public Choice Deals Primarily with

question 305

Multiple Choice

The theory of public choice deals primarily with

• A) collective decision making.
• B) individual decisions in a free market.
• C) government actions that do not reflect the preferences of consumers.
• D) how government regulations affect the decisions of individual consumers.

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Definitions:

United Fruit Company

An American corporation that had a major influence in the banana industry in Latin America during the 20th century, often criticized for its role in exploiting labor and for its involvement in overthrowing governments.

Central America

A region in the Americas located between Mexico and South America, consisting of seven countries: Belize, Costa Rica, El Salvador, Guatemala, Honduras, Nicaragua, and Panama.

Economic Force

An influence that affects the supply, demand, and distribution of a country's wealth and resources, often shaping economic policies and outcomes.