To what was political scientist Robert Lane referring in using the term market justice?Multiple ChoiceThe market tends to eliminate weak businesses and reward strong ones.Government should not use fiscal policy to attempt to flatten the ups and downs of a market economy.The strength of the market economy of the United States is precisely what provides the welfare state with the revenue it needs to help the most underprivileged citizens.Americans should increase the size of the federal welfare state in order to mitigate the harmful influences of the market.Americans prefer that society's material benefits be allocated through the economic marketplace rather than through government policies.

In the video, Milton Friedman shares the point of view thatQuestion 8Answera.the government plays a central role in organizing a market economy.b.every person is entitled to life, liberty, and the pursuit of happinessc.because of human nature a strong legal system is necessary for a market system to survive.d.individuals are best left to their own devices without the government guiding their actions.

The liberal market economy emphasizes which of the following?Group of answer choicesHigh taxesStrong governmentSocial welfareFree market

In a(n) __________ economy, justice means meeting everyone’s basic needs in an equal manner rather than competing in pursuit of wealth.A.agrarianB.capitalistC.socialistD.laissez-faireSubmit

John Marshall's focus in Supreme Court cases was toMultiple choice question.enforce a strict interpretation of the Constitution.restrict business competition by allowing the expansion of monopolies.both support private property and provide for the federal government to be active in the economy.uphold states' rights in the face of the continued expansion of federal government power.

One of the justifications for government intervention in markets is the potential to improve on the market outcome in markets characterized by