The first permanent settlements promoted specialization of tasks
Indicate whether the statement is true or false.
T
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Which of the following moves by the federal government succeeded in inducing states to establish unemployment compensation programs?
A. additional incentives to the state governments for every unemployment compensation program introduced at their initiative B. threat to undertake an unemployment compensation program and tax if states failed to do so C. assurance to provide financial assistance to state governments reeling under losses on account of economic downturn D. threat to initiate legal action against the employers who fail to participate in the unemployment compensation programs
The term socialist market economy refers to the
a. mixture of state control and capitalism that is being used to promote economic development in China. b. collectivization of the rural market economy during the Maoist era. c. development of a stock market in China since the 1980s. d. fact that free-market forces prevail in the industrial sectors of the Chinese economy while the agricultural sector is still operated collectively. e. gradual privatization of state-owned enterprises in China.