SOLVED

246. Recently, Hugo Chavez, the Prime Minister of Venezuela, announced that he is standing behind the concept of state owned utilities, public schools, and the communications industry of his nation. Although not all industry is owned and managed by the government, his ideas would lead one to believe that he has a preference for: A. A capitalistic state B. A socialistic state C. A communistic state D. A nationalistic state 247. Mike spends a lot of time blogging. Yesterday, he left the following comment on a site where participants were discussing the pros and cons of healthcare: “If you think healthcare is expensive now, wait until it is free. The problem with free rides is, eventually everyone piles on the bus and no one is left to push it. Then the system collapses.” He was responded to by Martha, who added, “Universal healthcare is not a dirty word. It’s the salvation for many people. If I have to pay a little more in taxes and know that my neighbor’s kids have good pre-school and can see the doctor when needed, it’s worth it to me.” Mike and Martha are discussing the benefits and drawbacks of: A. Healthcare under communism. B. Healthcare under capitalism. C. Healthcare under socialism D. Healthcare under nationalism. 248. Today, the economic systems of most nations could most accurately be classified as: A. Pure capitalism. B. Pure socialism. C. Command economies. D. Mixed economies. 249. Both socialism and communism are variations of: A. Command economies. B. Competitive economies. C. Free-market economies. D. Plutocratic systems. 250. A major trend in the world today is that: A. Free-market economies are moving more toward socialism and socialist economies are moving more toward capitalism. B. Productivity in the service sector is increasing much more rapidly than productivity in agriculture and manufacturing. C. Governments in socialist economies are increasing their use of social programs and relying on higher tax rates to finance these programs. D. Governments in countries with capitalist economies are paying less attention to environmental concerns and issues involving social equality. Â