Author Question: The floating exchange rate system is victim to maximum governmental intervention. Indicate ... (Read 52 times)

gonzo233 · **on:** Jul 7, 2018

The floating exchange rate system is victim to maximum governmental intervention.

Indicate whether the statement is true or false

Question 2

Compare and contrast the world's three main political ideologies: anarchism, totalitarianism, and pluralism.

What will be an ideal response?

onowka · **Reply #1 on:** Jul 7, 2018

Answer to Question 1

FALSE

Answer to Question 2

Totalitarianism is the belief that every aspect of people's lives must be controlled for a nation's political system to be effective. Totalitarianism disregards individual liberties and treats people as slaves of the political system. The state reigns supreme over institutions such as family, religion, business, and labor. Totalitarian political systems include authoritarian regimes such as communism and fascism.
Anarchism is the belief that only individuals and private groups should control a nation's political activities. An anarchist views public government as unnecessary and unwanted because it tramples personal liberties.
Pluralism is the belief that both private and public groups play important roles in a nation's political activities. Each group (consisting of people with different ethnic, racial, class, and lifestyle backgrounds) serves to balance the power that can be gained by the other. Pluralistic political systems include democracies, constitutional monarchies, and some aristocracies.