Reform movements________________?
Correct answer: B. may be reactionary or progressive
- A. are always progressive
- B. may be reactionary or progressive
- C. are equally successful in all types of societies
- D. have brought about both communism and fascism
Explanation
A reform movement seeks change, but the direction of that change can be progressive or reactionary depending on what it aims to restore or transform. Its success is not equal across societies.
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The economy is studied as a whole through national income, gross domestic product, inflation, unemployment, economic growth and business cycles. Coverage includes aggregate demand and supply, consumption and investment, money and banking, fiscal and monetary policy, exchange rates and balance of payments, which distinguishes macroeconomics from the study of individual markets.
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