Which of the following refers to the contemporary definition
of a liberal in the United States?
A) Someone who supports minimal governmental intervention and personal freedom.
B) Someone who supports extensive governmental intervention and policies that increase equality of condition.
C) Someone who supports the nationalization of all factors of production.
D) Someone who believes that a strong leader is essential.
Question 2
Adherents of classical liberalism particularly adhere to
the belief that the role of government should be _____.
A) to mitigate social ills
B) limited
C) to support a strong and effective welfare state
D) to insure that taxes are fair
J. P. Morgan, the financial genius, staved off ruinous competition among steel firms by combining mo
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