AGB 302 Quiz 1 Study Guide With Complete
Solution 2026
Interdependent political, economic, and legal systems of a country make up its:
political economy
socioeconomic fabric
administrative agenda
cultural environment - Correct Answer-political economy
A political system that prioritizes the needs of the society over individual freedoms is
called:
collectivism
totalitarianism
capitalism
egalitarianism - Correct Answer-collectivism
The _____ believed that socialism could be achieved through violent revolution and
totalitarian dictatorship.
social democrats
communists
anarchists
existentialists - Correct Answer-communists
Which of the following philosophies can be traced back to the ancient Greek
philosopher Aristotle?
Socialism
Collectivism
Individualism
Anarchism - Correct Answer-Individualism
Which of the following statements about individualism is true?
Individualism promotes globalization.
Individualism creates an anti-business environment.
Individualism promotes state ownership of the basic means of production, distribution,
and exchange.
Individualism advocates for a democratic political system. - Correct Answer-
Individualism advocates for a democratic political system
Solution 2026
Interdependent political, economic, and legal systems of a country make up its:
political economy
socioeconomic fabric
administrative agenda
cultural environment - Correct Answer-political economy
A political system that prioritizes the needs of the society over individual freedoms is
called:
collectivism
totalitarianism
capitalism
egalitarianism - Correct Answer-collectivism
The _____ believed that socialism could be achieved through violent revolution and
totalitarian dictatorship.
social democrats
communists
anarchists
existentialists - Correct Answer-communists
Which of the following philosophies can be traced back to the ancient Greek
philosopher Aristotle?
Socialism
Collectivism
Individualism
Anarchism - Correct Answer-Individualism
Which of the following statements about individualism is true?
Individualism promotes globalization.
Individualism creates an anti-business environment.
Individualism promotes state ownership of the basic means of production, distribution,
and exchange.
Individualism advocates for a democratic political system. - Correct Answer-
Individualism advocates for a democratic political system
