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kaplan SS211 unit 3 quiz latest 2016 may

Author:
June 8th, 2024

1. Question
:
What are the standards by which people define what is
desirable or undesirable, good or bad, beautiful or ugly?

Globalization
Values
Social Contract
Economic Determinism

Question 2. Question
:
What is the term for a long-term and severe recession?
Depression
Recession
Economic Boom
Economic Bust

Question 3. Question
:
What is the term for collective ownership of the means of
production, distribution, and service?

Capitalism
Socialism
Conservatism
Libertarianism

Question 4. Question
:
What is the term for rapid economic growth?

Depression
Recession
Economic Boom
Economic Bust

Question 5. Question
:
What motivates producers to satisfy consumer demand and
produce goods and services in the most efficient way possible?

Gross Domestic Product
Economy
Capitalism
Profits

Question 6. Question
:
What is the growing interconnections among nations due to
the expansion of capitalism?
Globalization
Values
Social Contract
Economic Determinism

Question 7. Question
:
What is the term for the historical condition in which
capitalism became the globe’s dominant economic system?

Globalization of capitalism
Ideology
Inalienable rights
Limited government

Question 8. Question
:
What is the term for the ideology that advocates that
government should take a “hands-off” approach in most matters?

Capitalism
Modern Liberalism
Conservatism
Libertarianism

Question 9. Question
:
What is the idea that government arises from an implied
contract among people as a means of protecting their rights?

Globalization
Values
Social Contract
Economic Determinism

Question 10. Question
:
What is the term for the ideology that advocates that
government should take a “hands-off” approach in most matters?

Capitalism
Modern Liberalism
Conservatism
Libertarianism

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