Business

The Cedian government believes that its citizens should have complete

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 […]

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Date: September 3rd, 2020

Which of the following is most likely to be advocated by individualism

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. […]

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Date: September 3rd, 2020

In the context of individualism, which of the following is inconsisten

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 […]

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Date: September 3rd, 2020

In practical terms, which of the following translates into an advocacy

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 […]

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Date: September 3rd, 2020

Which of the following is a feature of representative democracy? A. R

QUESTION Which of the following is a feature of representative democracy? A. Restrictions on an individual’s right to freedom of expression, opinion, and organization B. Inability of the citizens to vote out elected representatives who fail to perform their job adequately at the next election C. An unlimited term for elected representatives D. A court […]

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Date: September 3rd, 2020

Which of the following is a form of government in which one person or

QUESTION Which of the following is a form of government in which one person or political party exercises absolute control over all spheres of human life and prohibits opposing political parties? A. Capitalism B. Totalitarianism C. Pure democracy D. Republicanism E. Representative democracy   ANSWER B Totalitarianism is a form of government in which one […]

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Date: September 3rd, 2020

When law courts interpret civil law, they do so with regard to traditi

QUESTION When law courts interpret civil law, they do so with regard to tradition, precedent, and custom. Indicate whether the statement is true or false.   ANSWER FALSE A civil law system is based on a detailed set of laws organized into codes. When law courts interpret civil law, they do so with regard to […]

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Date: September 3rd, 2020

In the country of Normian Republic, an individual’s right to own land

QUESTION In the country of Normian Republic, an individual’s right to own land is restricted to a large extent on the basis that it runs counter to “the common good.” In this context, which of the following is most likely to be the political system adopted by Normian Republic? A. Individualism B. Democracy C. Collectivism […]

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Date: September 3rd, 2020

Which of the following was advocated by Karl Marx? A. Capitalist soci

QUESTION Which of the following was advocated by Karl Marx? A. Capitalist society B. Individualism C. Selling state-owned enterprises to private investors D. Socialism E. Private profit over public good   ANSWER D Modern socialists trace their intellectual roots to Karl Marx (1818-1883), although socialist thought clearly predates Marx (elements of it can be traced […]

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Date: September 3rd, 2020