QUESTION IMAGE
Question
- in a market economy, who makes most economic decisions?
the government.
international organizations.
the military.
private individuals and businesses.
- what was one major idea introduced by the magna carta?
the president should serve for life.
the king must follow the law.
all government power should belong to a single ruler.
citizens have no rights against their government.
Brief Explanations
- For question 4: In a market economy, the key characteristic is that private individuals and businesses make most economic decisions. The government has a limited role compared to a command economy. International organizations and the military are not the main decision - makers in a market economy.
- For question 5: The Magna Carta was a significant document that established the principle that the king must follow the law. It was a step towards limiting the absolute power of the monarchy. The idea of a president serving for life (not relevant to the Magna Carta's time), all power belonging to a single ruler (opposite of what the Magna Carta aimed for), and citizens having no rights (contradicts the Magna Carta's spirit of certain rights for barons and later implications for citizens) are incorrect.
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- Private individuals and businesses.
- The king must follow the law.