Experiences of Russia and China Prove That,greater the Governmental Intervention

question 62

True/False

Experiences of Russia and China prove that,greater the governmental intervention in the market,more equal will be the income distribution in the economy.

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Definitions:

Mediation

A method of outside resolution of labor and management differences in which the third party’s role is to suggest or propose a solution to the problem.

Conciliation

A method of outside resolution of labor and management differences in which a third party is brought in to keep the two sides talking.

Suggest

To propose or put forward for consideration an idea, plan, or action.