A. a strong Catholic church intervention in the economic decisions
B. an emphasis on trade restrictions
C. the use of the medieval economy
D. the rise of capitalism
A. China
B. United States
C. Russia
D. Europe
A. zaibatsu
B. chaebol
C. laissez faire
D. bourgeoisie
A. groups of affiliated companies loosely organized around a large bank
B. horizontal manufacturing groups consisting of a core company and its partners
C. State-assisted entrepreneurs
D. financial cliques
A. Japan
B. The four tigers
C. Vietnam
D. Thailand
A. income per capita is the same regardless of poor or rich countries
B. income per capita in poor countries grows faster than in rich countries
C. income per capita in rich countries grows faster than in poor countries
D. income per capita in poor countries grows conditional upon foreign aid
A. the monarchy
B. the central planners of the Soviet Union
C. the capitalist and middle class
D. the aristocrats of wealthy nations
A. total market reliance for resource allocation
B. economic restructuring by Gorbachev
C. intensified central planning
D. None of the above
A. low interest rates
B. political instability inhibits world-wide investment
C. human capital or technical skills were lacking
D. real domestic currency depreciation exists
A. diverting savings from agriculture to industry
B. state assisted entrepreneurs
C. state monopolized trading
D. markets for allocating resources