Technological change is the only reason for globalization.
Answer the following statement true (T) or false (F)
False
Technological change by itself is not enough to explain the pull of globalization. Most people accept that being open to the global economy brings enormous advantages.
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The problem of "free riders" arises in a society when goods
A) can't be provided exclusively to the people who pay for them. B) cease to be scarce. C) produced by government are provided to everyone. D) supplied by the private sector are paid for from tax revenue. E) wanted by everyone are priced too low.
Who receives the most of what is produced in a market economy?
A) everyone receives an equal amount B) people who earn the highest incomes C) lawmakers and other politically favored groups D) those who are willing and able to buy them