Exploring Political Economy
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Political economy is the study of how a country manages its affairs by using its political, economics, and ______ systems.

legal

Political economies vary from nation to nation in their degree of ______, individualism, equality, transparency, flexibility, and so on.

openness

Countries with an individualistic orientation shape their marketplace with the idea of -.

laissez-faire

Collectivism stresses the primacy of the group over ______ needs.

<p>individual</p> Signup and view all the answers

Collectivism strongly influences politics in a range of countries, including Argentina, China, Vietnam, Japan, South Korea, Egypt, Brazil, Taiwan, and ______.

<p>Mexico</p> Signup and view all the answers

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