5 Questions
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.
individual
Collectivism strongly influences politics in a range of countries, including Argentina, China, Vietnam, Japan, South Korea, Egypt, Brazil, Taiwan, and ______.
Mexico
Test your knowledge of political economy and understand how different nations manage their affairs through political, economic, and legal systems. Explore the concepts of openness, individualism, equality, transparency, and flexibility that shape political economies worldwide.
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