It Became Clear When NATO Was Unwilling to Take Action

question 16

Multiple Choice

It became clear when NATO was unwilling to take action against the Soviets after the squelching of the 1956 revolution in ____ that the West had accepted the status quo in eastern Europe.

• A) Yugoslavia
• B) Czechoslovakia
• C) Hungary
• D) Poland
• E) Romania

---

Definitions:

Purely Competitive

A market structure characterized by a large number of small firms, homogenous products, and no single firm having control over the market price.

Wage Rate

The amount of money paid to a worker per unit of time, often expressed as an hourly rate or annual salary.

Profit-Maximizing

The process of adjusting production and sale strategies to achieve the highest possible profit margin.

Purely Competitive

A market structure defined by a large number of sellers offering identical or very similar products, leading to a high level of competition and prices determined by supply and demand.