How Long Does It Take for the Earth to Make

question 50

Multiple Choice

How long does it take for the Earth to make one rotation on its axis?

• A) 60 Seconds
• B) 1 hour
• C) 24 hours
• D) 30 days
• E) 365 days

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Definitions:

Classical Economists

Economists from the 18th and 19th centuries who believed in free markets, limited government intervention, and self-regulating economies.

Market Forces

The economic factors affecting the price, demand, and availability of goods and services in a market economy, primarily supply and demand.

Full Employment

A situation in which all available labor resources are being used in the most economically efficient way, typically characterized by the absence of cyclical unemployment.

Keynes

Refers to the economic theories and policies advocated by John Maynard Keynes, which emphasize government intervention to manage economic cycles and stimulate economy-wide demand.