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09 Aug 2023, 03:55
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Difficulty:
45%
(medium)
Question Stats:
68% (02:07) correct
32%
(02:21)
wrong
based on 376
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Some economists have argued that market regulation is antithetical to the ideal functioning of a democratic society because it interferes with Line the individual's right to make decisions in his own financial interest. In a regulated market, the citizen is not always at liberty to choose where or how to build his house or whom to hire for his business. If all individuals do not have complete freedom to make economic decisions purely with respect to their own ow self-interest, then a society is not a true democracy. Yet this perspective overlooks the fact that the democratic ideal encompasses two separate, but not mutually exclusive goals:
1) to ensure individual liberty and
2) to promote the overall health and well-being of the population.
Some degree of market regulation may be necessary to fulfill the latter goal, for an individual's exercise of his own liberty can in some instances interfere with the liberty of others.
Which one of the following most accurately expresses the main conclusion of the argument?
A. Market regulation ensures individual liberty and promotes the overall health and well-being of the population.
B. Market regulation is not automatically at odds with the ideals of a democratic society.
C. Market regulation does not allow individuals to make choices.
D. Market regulation is a necessary precondition for democracy.
E. Market regulation is antithetical to the ideals of a democratic society.
1) to ensure individual liberty and
2) to promote the overall health and well-being of the population.
Some degree of market regulation may be necessary to fulfill the latter goal, for an individual's exercise of his own liberty can in some instances interfere with the liberty of others.
Which one of the following most accurately expresses the main conclusion of the argument?
A. Market regulation ensures individual liberty and promotes the overall health and well-being of the population.
B. Market regulation is not automatically at odds with the ideals of a democratic society.
C. Market regulation does not allow individuals to make choices.
D. Market regulation is a necessary precondition for democracy.
E. Market regulation is antithetical to the ideals of a democratic society.
10 Aug 2023, 10:16
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Please anyone tell me ..
Who is more accurate and campare between Option 1 and 2,
Who is more accurate and campare between Option 1 and 2,
10 Aug 2023, 11:08
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OE
This main point question asks for the conclusion of the passage. In order to identify the conclusion of an argument, ask "why does the author believe this to be true?" The reference to some economists indicates that the author may disagree with those economists, which is stated as that "this perspective overlooks the fact that the democratic ideal encompasses two separate but not mutually exclusive goals." This indicates that some degree of market regulation may be acceptable, and is the conclusion of the argument. Choices (A) and (D) are extreme language that is not supported, as the author does not conclude that market regulation is necessary or ensures anything. Choices (C) and (E) are reversals, as the author indicates that market regulation may be acceptable. The correct answer is (B).
This main point question asks for the conclusion of the passage. In order to identify the conclusion of an argument, ask "why does the author believe this to be true?" The reference to some economists indicates that the author may disagree with those economists, which is stated as that "this perspective overlooks the fact that the democratic ideal encompasses two separate but not mutually exclusive goals." This indicates that some degree of market regulation may be acceptable, and is the conclusion of the argument. Choices (A) and (D) are extreme language that is not supported, as the author does not conclude that market regulation is necessary or ensures anything. Choices (C) and (E) are reversals, as the author indicates that market regulation may be acceptable. The correct answer is (B).
