Why was the presidential election of 1912 unique?
A. The Democratic Party temporarily split in two.
B. There were three significant contenders for the presidency.
C. Two Roosevelts ran against each other.
D. All of the major parties opposed progressivism.
E. The election was decided in the House of Representatives.
Answer: B
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Free-market systems differ from command economies as in free market systems, ________
A. the central government allocates all economic resources and makes most investment decisions B. the markets do not determine the prices of products C. the government has control over all important businesses and productive industries D. the government is more concerned about economic inequality and redistribution E. the central government has minimal intervention in the economy
Liberals argue that capitalism leads to_________, whereas radicals argue that capitalism leads to _________
a. world peace; world war c. fragmentation; harmonization b. regionalization; globalization d. globalization; interdependence