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QUESTION 1 What is a predatory government? A type of system where its population is ran by the elite and fails to supply goods/services for

QUESTION 1

What is a predatory government?

A type of system where its population is ran by the elite and fails to supply goods/services for the needy

A type of system where its population can choose their own candidates and policies through election

A type of system where its population cannot choose their own candidates and policies through election

QUESTION 2

What is the basic idea of lobbying?

The search for ways to change regulations

The search for ways around regulations.

The search for ways to always regulations.

The search for ways to rarely follow regulations.

QUESTION 3

What is a market failure?

Efficient allocation of resources by a free market in order to improve population well-being

Inefficient allocation of resources by a free market in order which diminished population well-being

Efficient allocation of resources by limited market in order to improve population well-being

Inefficient allocation of resources by a free market in order to improve population well-being

QUESTION 4

When did the great Depression occurred?

1990

2003

1930

1950

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