HISTORY
THE WORLD BETWEEN THE WARS
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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In which of the following ways are economics and politics connected?
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People too often look to the government to fix economic crisis
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When people have bad economic situations they are more likely to do radical things.
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If a political party arrises the promises economic prosperity, more people would tend to support that if they are without jobs or money.
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All of the above
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Explanation:
Detailed explanation-1: -Economic conditions often inform the policy changes that governments elect to enact. Specifically in the United States, government policy has always had a large amount of influence on economic growth, the creation of new business entities, and the success of financial markets.
Detailed explanation-2: -Marxism is an economic and social system based upon the political and economical theories of Karl Marx and Friedrich Engels.
Detailed explanation-3: -The three types of political economy are capitalism, socialism, and communism. In communism and socialism, resources are owned by the government and society, respectively; while for capitalism, resources are owned by private individuals.
There is 1 question to complete.