According to economist Joseph Stiglitz, the defining political
question of our age is the struggle between those advocating __________ and those advocating __________.
a. radical Islam, democracy
b. authoritarianism, democracy
c. state-owned firms, free markets
d. a minimalist role for the state, a greater need for government
Question 2
The relationship between states and market systems
is best understood as:
a. market systems are a natural phenomenon independent of states.
b. states are inherently threats to market systems.
c. states are about rules and compulsion while markets are about choice and individual expression.
d. market systems require states to function.
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