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Homework answers / question archive / The College at Brockport BUS 345 Quiz 2: 1)Which of the following influence a country's political system? a)current population b) age and race composition c) per capita income d) all of the above 2) Which of the following includes the structures, processes, and activities by which a nation governs itself? a) Political system b) Legal system c) Cultural system d) Judicial system 3) Political systems can be characterized by
The College at Brockport
BUS 345
Quiz 2:
1)Which of the following influence a country's political system?
a)current population
b) age and race composition
c) per capita income
d) all of the above
2) Which of the following includes the structures, processes, and activities by which a nation governs itself?
a) Political system
b) Legal system
c) Cultural system
d) Judicial system
3) Political systems can be characterized by .
a) Why people participate in them
b) The number of corruption charges brought forward by the judicial system
c) The geography and the environmental sciences of the country
d) Who participates in them and to what extent participate
4) Totalitarian political systems include authoritarian regimes such as .
a) Democracy and theocracy
b) Anarchism and pluralism
c) Communism and fascism
d) Capitalism and secularism
5) political systems include democracies, constitutional monarchies, and some aristocracies.
a) Totalitarianism
b) Anarchism
c) Fascism
d) Pluralistic
6) Totalitarian governments tend to share all of these features EXCEPT .
a) Imposed authority
b) Lack of constitutional guarantees
c) Minority rights
d) Restricted participation
7) Secular totalitarianism can take all the following forms EXCEPT .
a) Communist totalitarianism
b) Tribal totalitarianism
c) Right-wing totalitarianism
d) Republican totalitarianism
8) A political system in which political leaders rely on military and bureaucratic power is called
.
a) Secular totalitarianism
b) Secular totalitarianism
c) Theocratic totalitarianism
d) Communism
9) The belief that social and economic equality can be obtained only by establishing an all- powerful Communist Party and by granting the government ownership and control over all types of economic activity is called .
a) Socialism
b) Left-wing totalitarianism
c) Political bureaucracy
d) Communism
10) An economic system in which the government owns and controls all types of economic activity is called .
a) Socialism
b) Left-wing totalitarianism
c) Political bureaucracy
d) Communism
11) Representative democracies strive to provide all of the following freedoms EXCEPT
.
a) Periodic elections
b) Politicized bureaucracies
c) Freedom of expression
d) Full civil and property rights
e) Minority rights
12) Which of the following include freedom of speech, freedom to organize political parties, and the right to a fair trial?
a) Minority rights
b) Political rights
c) Property rights
d) Civil rights
13) What is it called when bureaucrats implement decisions according to their own political views rather than those of the people's representatives?
a) Public referendums
b) Parliamentary democracies
c) Politicized bureaucracies
d) Pure democracy
14) Which of the following is the forced transfer of assets from a company to the government without compensation?
a) Expropriation
b) Nationalism
c) Nationalization
d) Confiscation
15) is the forced transfer of assets from a company to the government with compensation.
a) Expropriation
b) Nationalization
c) Confiscation
d) Localization
16) The devotion of a people to their nation's interest and advancement is referred to as
.
a) Communism
b) Nationalism
c) Capitalism
d) Egalitarianism
17) The U.S. legal system is based largely on .
a) Common law
b) Political law
c) Civil law
d) Theocratic law
18) A common law system is based on three factors: tradition, precedent, and .
a) Culture
b) History
c) Usage
d) Religion
19) Which of the following legal systems is based on a detailed set of written rules and statutes that constitute a legal code?
a) International law
b) Civil law
c) Tribal law
d) Common law
20) Which of the following was initially a code governing moral and ethical behavior and was later extended to commercial transactions?
a) Civil law
b) Hindu law
c) Common law
d) Islamic law
21) A is a right granted to the inventor of a product or process that excludes others from making, using, or selling the invention.
a) Patent
b) Trademark
c) Civil right
d) Copyright
22) In which of the following systems is a nation's land, factories, and other economic resources owned by the government?
a) Mixed economy
b) Public economy
c) Market economy
d) Centrally planned economy
23) Who makes nearly all economy-related decisions in a centrally planned economy?
a) Consumers
b) Entrepreneurs
c) Government
d) Employees
24) In most failed centrally planned economies, .
a) Market conditions helped determine who produced what goods
b) Prices of products were a function of supply and demand
c) Central planning agencies specified production goals and decided prices
d) Central planners paid a great deal of attention to efficiency
25) A by-product of the centrally planned economy was the emergence of .
a) Black markets
b) Public markets
c) Mixed economy
d) Market economy
26) When the government controls the economic sectors it considers important to national security and long-term stability, it is said to have a(n) economic system.
a) Market
b) Mixed
c) Centrally planned
d) Open
27) France, Germany, and Sweden are examples of .
a) Centrally planned economies
b) Market economies
c) Closed economies
d) Mixed economies
28) Extensive government ownership of assets in centrally planned and mixed economies tends to result in .
a) A lack of responsibility and accountability
b) Defective products
c) Rising costs
d) Slow economic growth
e) All of the above
29) The sale of government-owned economic resources to private operators is called .
a) The price mechanism
b) Laissez-faire economies
c) Privatization
d) Guanxi
30) The main goal of privatization is to .
a) Lower responsibility and accountability
b) Increase economic efficiency
c) Increase subsides to companies
d) Slow economic growth
31) In a , the majority of a nation's land, factories, and other economic resources are privately owned by individuals or businesses.
a) Market economy
b) Centrally planned economy
c) Communist system
d) Mixed economy
32) In a market economy, nearly all economy-related decisions are determined by the interplay of .
a) Government and individuals
b) Supply and demand
c) Customers and employees
d) Large and small businesses
33) Supply and demand in a market economy are dictated by what is called .
a) Privatization
b) The black market
c) The price mechanism
d) Government intervention
34) Laissez-faire economics refers to .
a) Less government interference in commerce and greater individual economic freedom
b) A centrally planned economic system
c) Government-controlled commerce and individual control effort
d) Creating monopolies through government partnership
35) To function smoothly and properly, a market economy requires all of the following EXCEPT
.
a) Free enterprise
b) Free monopoly
c) Price flexibility
d) Free choise
36) In a market economy, access to alternative purchase options is known as .
a) Free choice
b) Free enterprise
c) Purchase flexibility
d) Laissez-faire
37) The ability of a company to decide which goods and services to produce and which markets to compete in is known as .
a) Free choice
b) Free enterprise
c) Purchase flexibility
d) Laissez-faire
38) Fiscal policies deal directly with .
a) Taxing imports and exports
b) Monitoring consumer spending
c) Taxation and government spending
d) Controlling the money supply and interest rates
39) policies are used to control the money supply and interest rates.
a) Fiscal
b) Monetary
c) Bureaucratic
d) Development
40) Government can help control inflation through which of these?
a) Effectively raising prices
b) Increasing consumer spending
c) Effective monetary policies
d) Both C and D
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