Individuals construct their own life course through the choices and actions they take within the opportunities and constraints of history and social circumstances
a. true
The three main characteristics of an efficient property rights structure: exclusivity, transferability, and enforceability.
In standard economics, property rights refer to a bundle of entitlements defining an owner's rights, privileges and limitations to the use of a resource.
Property rights terms refers to social institutions and to not any inherent natural or physical qualities of the resource.
Exclusivity: All the prices and benefits from owning a resource should accrue to the owner.
Transferability: All property rights should be transferable from one owner to a different in an exceedingly voluntary exchange.
Enforceability: Property rights should be secure from seizure or encroachment by others.
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Answer:
a. the military-industrial complex.
Explanation:
More than 50 years ago, President Eisenhower was saying goodbye to US citizens. In his last speech, broadcast on radio and television on January 17, 1961, he warned his countrymen about the serious implications of a new conjunction in American history: "the conjunction of a huge military establishment and a large armaments industry," the Industrial-Military Complex.
At the time of the farewell, the country was at the height of the Cold War and was threatened by a power capable of incinerating the American territory in a huge nuclear fire. Military spending at that time, the president said, consumed "more than the net profits of all US corporations." With this budget at the disposal of the Complex, the general spoke of an influence on American society that went beyond the economic and political sphere, even spiritual - an elegant way to say that co-optation corrupted even the soul.
Answer:
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Explanation:
