QUESTION Plato did not equate collectivism with equality. Indicate whether the statement is true or false. ANSWER TRUE Plato did not equate collectivism with equality; he believed that society should be stratified into classes, with those best suited to rule administering society for the benefit of all.
Date: September 3rd, 2020
QUESTION The social democrats believed that socialism could be achieved only through violent revolution and totalitarian dictatorship. Indicate whether the statement is true or false. ANSWER FALSE The social democrats committed themselves to achieving socialism by democratic means, turning their backs on violent revolution and dictatorship.
Date: September 3rd, 2020
QUESTION Karl Marx advocated state ownership of the basic means of production, distribution, and exchange (i.e., businesses). Indicate whether the statement is true or false. ANSWER TRUE Karl Marx advocated state ownership of the basic means of production, distribution, and exchange (i.e., businesses).
Date: September 3rd, 2020
QUESTION One of the tenets of collectivism is that the welfare of society is best served by letting people pursue their own economic self-interest. Indicate whether the statement is true or false. ANSWER FALSE In collectivist societies, an individual’s right to do something may be restricted on the grounds that it runs counter to […]
Date: September 3rd, 2020
QUESTION By the mid-1990s, communism was rising worldwide. Indicate whether the statement is true or false. ANSWER FALSE By the mid-1990s, communism was in retreat worldwide.
Date: September 3rd, 2020
QUESTION In practical terms, individualism translates into an advocacy for democratic ideals and free market economics. Indicate whether the statement is true or false. ANSWER TRUE In practical terms, individualism translates into an advocacy for democratic ideals and free market economics.
Date: September 3rd, 2020
QUESTION What are mini-multinationals? A. Multinational firms from relatively small countries in terms of area B. Multinationals from the developing nations of the world C. Multinational firms that operate in only one foreign country D. Medium-sized and small multinationals E. Subsidiaries of large multinationals in foreign countries ANSWER D Medium-size and small multinationals are […]
Date: September 3rd, 2020
QUESTION Which of the following is the most appropriate solution to the problem of rising carbon dioxide emissions in developed economies? A. Roll back the trade liberalization efforts that have fostered economic growth and globalization. B. Tie free trade agreements to the implementation of fewer environmental and labor laws in less developed countries. C. Get […]
Date: September 3rd, 2020
QUESTION Which of the following statements reflects the trend in the changing nature of multinational enterprises? A. Global business activity is increasingly being dominated by large U.S. multinational corporations. B. The number of medium-size and small multinationals is decreasing continuously. C. The ranks of the world’s largest 100 multinationals are dominated by firms from developing […]
Date: September 3rd, 2020
QUESTION Which of the following statements supports the claim that the gap between the rich and poor nations of the world has gotten wider because of globalization? A. There are many countries that suffer from totalitarian governments. B. A quarter of the countries with a GDP per capita of less than $1,000 in 1960 had […]
Date: September 3rd, 2020
