New Mexico as a State — Test

Question 23 • World History and Geography

How did neoliberalism have a positive effect on the economy of New Mexico from 1980 to 1990?

Answer

The government increased public services in transportation and infrastructure.

Deregulation of telecommunications and banking led to more competition and lower prices.

Government spending on social programs was increased to benefit urban areas.

Tax cuts led to a smaller economic disparity between urban and rural areas.

Explanation

Neoliberal policies generally emphasized reducing government regulation and encouraging competition. In New Mexico, deregulating telecommunications and banking could let more businesses compete, which can give consumers more choices and lower prices. The other choices describe increased public spending or claim that tax cuts reduced urban-rural disparities, which do not match this deregulatory effect.

AI-written and checked against the verified answer.

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