The Four Criteria That Are Frequently Used in Judging the Outcome

question 129

Multiple Choice

The four criteria that are frequently used in judging the outcome of economic policy are

• A) efficiency, equity, stability, and economic growth.
• B) efficiency, equality, stability, and economic growth.
• C) efficiency, equality, profitability, and stability.
• D) efficiency, equity, profitability, and stability.

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Definitions:

Queen Liliuokalani

The last reigning monarch of the Kingdom of Hawaii, who was overthrown by a coalition of American and European businessmen in 1893.

Annexation

The process by which one territory or state is taken over by another, often involving the incorporation of the annexed territory into the larger political entity.

New Imperialism

A period in the late 19th and early 20th centuries marked by a significant expansion of Western European powers and the United States into Asia, Africa, and the Pacific, often characterized by the acquisition of territories and the exploitation of resources.

Colonial Powers

Countries that have established colonies overseas to exploit resources, spread their culture, and exert political control.