The American Red Cross Uses Social Marketing Tools Such as __________

question 96

Multiple Choice

The American Red Cross uses social marketing tools such as __________ to help the victims of Hurricane Sandy.

• A)blogs
• B)e-mail blasts
• C)wikis
• D)apps
• E)tweets

Recognize the role of free markets in resource allocation and efficiency.

Distinguish between efficiency and equality in economic terms and their relation to market outcomes.

Appreciate the role of equilibrium in maximizing total market benefits.

Understand the concept of socialization and its importance in human development.

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Definitions:

Demand-Side Economics

Macroeconomic policy that focuses on shifting the aggregate demand curve as a way of promoting full employment and price stability

Supply-Side Economics

Macroeconomic policy that focuses on a rightward shift of the aggregate supply curve through tax cuts or other changes to increase production incentives.

Classical Economics

A school of thought originating in the 18th century, emphasizing free markets, the idea of a self-regulating economy, and the importance of limited government intervention.

General Theory

In the context of economics, it often refers to Keynes's "The General Theory of Employment, Interest, and Money," which argues that aggregate demand is the primary driving force in an economy.