QUESTION A common feature of many right-wing dictatorships is: A. total restriction on individual economic freedom. B. strong commitment to socialist or communist ideas. C. governments that are made up of military officers. D. politicians from a particular tribe dominating the political system. E. the direct involvement of the citizens in decision making. ANSWER […]
QUESTION The common law system enjoys a degree of flexibility not found in other systems because: A. it is usually found in democratic republics. B. it originated from Great Britain and can be found in almost all of its former colonies. C. it is interpreted by the law courts with regard to tradition, precedent, and […]
QUESTION In which countries are we likely to find free market economies? A. Countries where the good of the society has precedence over private profit B. Countries where individual goals are given primacy over collective goals C. Countries where state-owned enterprises have a monopoly in certain industries D. Countries that have adopted communism as their […]
QUESTION What is the most widely practiced theocratic legal system in the modern world? A. Christian law B. Islamic law C. Jewish law D. Hindu law E. Buddhist law ANSWER B Islamic law is the most widely practiced theocratic legal system in the modern world.
QUESTION Which of the following refers to an economic system in which the interaction of supply and demand determines the quantity in which goods and services are produced? A. Barter B. Command C. Market D. Regulated E. Centrally planned ANSWER C A market economy is an economic system in which the interaction of supply […]
QUESTION Jewish law is an example of what type of law system? A. Autocratic B. Civil C. Common D. Theocratic E. Universal ANSWER D Jewish law is an example of a theocratic law system. Islamic law is the most widely practiced theocratic legal system in the modern world, although usage of both Hindu and […]
QUESTION The Cedian government believes that its citizens should have complete freedom in their economic and political pursuits, and the Cedian ideology is “private profit over public good.” In this context, it can be said that Cedia most likely follows the philosophy of: A. totalitarianism. B. socialism. C. individualism. D. communism. E. Marxism. ANSWER […]
QUESTION Which of the following is most likely to be advocated by individualism? A. Communal property is more highly productive than private property. B. Public good should be preferred over private profit. C. State-owned companies should monopolize certain industries. D. The welfare of society is best served by some collective body such as government. E. […]
QUESTION In the context of individualism, which of the following is inconsistent with the works of the ancient Greek philosopher Aristotle? A. Guaranteeing individual freedom B. Government dictating what is in the best interest of society C. Guaranteeing self-expression D. Committing to private ownership E. Treating individual diversity as desirable ANSWER B A tenet […]
QUESTION In practical terms, which of the following translates into an advocacy for democratic ideals and free market economics, which in general creates the most favorable environment for international businesses to operate in? A. Collectivism B. Totalitarianism C. Individualism D. Communism E. Socialism ANSWER C In practical terms, individualism translates into an advocacy for […]