IBM CHAP 2A

The central message of collectivism is that individual economic and political freedoms are the ground rules on which a society should be based.

• True

• False

The communists believed that socialism could be achieved by democratic means, and turned their backs on violent revolution and dictatorship.

• True

• False

The Cold War was, in many respects, a war between collectivism and individualism.

• True

• False

Most modern democratic states practice representative democracy.

• True

• False

Democracy is a form of government that prohibits opposing political parties.

• True

• False

In a totalitarian country, there are safeguards to protect an individual's right to freedom of expression, opinion, and organization.

• True

• False

The number of command economies has fallen dramatically since the demise of communism in the late 1980s.

• True

• False

The objective of the government in a command economy is to encourage free and fair competition between private producers.

• True

• False

In mixed economies, governments also tend to take into state ownership troubled firms whose continued operation is thought to be vital to national interests.

• True

• False

A nation's legal system is usually of very little interest to international business managers, because international businesses are headquartered in different countries.

• True

• False