Author Question: Political economy can be defined as: a. the balance between political and market forces within an ... (Read 113 times)

chads108 · **on:** Jul 8, 2018

Political economy can be defined as:

a. the balance between political and market forces within an economy.
b. the balance between too much and too little government regulation.
c. an economy with too much political control.
d. a political arrangement that leaves most of the power in private hands.

Question 2

The coexistence of a market system and a communist government

in China shows that:
a. the market system has weakened authoritarian rule in China.
b. market systems cannot function in authoritarian political systems.
c. market systems are no guarantee of democracy and personal freedom.
d. democracy is more likely in countries with market systems than those with planned economies.