Oligarchy is the rule of the few in a generic way where on the other hand aristocracy is a form of governing where administration or power is in the hands of a special class of people. Aristocrats are connected to royal families through blood, whereas an Oligarchy is not.
Oligarchy is the rule of the few in a generic way where on the other hand aristocracy is a form of governing where administration or power is in the hands of a special class of people. Aristocrats are connected to royal families through blood, whereas an Oligarchy is not.
B.) A government might intervene in the market to reestablish efficiency.
C.) A government might persuade consumers to reduce demand.
D.) A government might discourage entrepreneurship.
Answer:
The answer is:
B.) A government might intervene in the market to reestablish efficiency.
Explanation:
One good example is the recent financial crisis in the US and world markets due to the bankruptcy of private banks, the mortgage crisis of 2008. The US government was forced to rescue troubled institutions and apply corrective fiscal and macroeconomic measures. So did other governments.
Answer:
B
Explanation:
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