MSU ISS315 Exam#2V2
Balanced growth of population
According to our discussion what type of population growth is good for an economy?
Because of his innovative work through Grameen bank
According to our lectures, Muhammad Yunus is the recipient of 2006 Nobel Prize for economics. What did he do?
Hegemony
According to our lectures, economic, political, and military domination of one nation over another nation is?
USA
According to our lectures, which nation has serious problem of both budget and trade deficit?
Economic Liberalism
According to which theory, trickle down economy leads to general welfare of society?
He paid undisclosed amount of money to Russian Mafia
After a performance in Moscow, the American Magician David Copperfield was prohibited to leave Russia. He was allowed to leave Russia only after?
Service Jobs
Apollo Hospital in India attracts a large number of foreign patients including form the USA. In this example what type of jobs we are losing to other countries
Spain, Holland, Portugal
As discussed in lectures, which of the following nations was an imperial nation in 19th century?
Biology theories and social Darwinism
Bell Curve theory was influenced by?
Promotion of Consumerism
Chapter 1: According to the author, what is common characteristic of Thanksgiving, Santa Claus, and Walt Disney World?
Culture of capitalism emerged gradually through a historical process
Chapter 1: This chapter is about emergence of culture of capitalism. Which one of the following statements best describes authors point of view on this process?
Capitalism is responsible for global issues such as poverty, hunger, and environmental degradation
Chapter 2: Which of the following statements best describes authors point of view on global issues such as poverty, hunger, and environmental degradation?
Labor was mobile, Workers were divided, They were subject to need kinds of discipline and control
Chapter 2: Which one of the following was one of the characteristics of working class people during the 19th century
The workers, Political leaders, capitalists
Chapter 4: According to the authors, who is the main beneficiary of Nation-State
Military, Improved means of communication, Terror and violence
Chapter 4: Authors list a number of tools used in the past in different regions to create State. Which of the following is one of them?
Promote Religious Fundamentals
Chapter 4: In this chapter, authors discuss the concept of nation state and nation building. He gives a list of things nations do to construct the state. Which one of the following is NOT one of them... -Promote one language -Use educational institutions -Violence and Genocide -Promote religious fundamentals
All of the Above
Chapter 4: The nations around the globe help corporations such as Nike to promote there business. In which areas, states spend money to help corporations to generate more and more profit? -Communication Networks -Financial Institutions -Lobbying for favorable labor laws
Lack of Ability to purchase food
Chapter 6: According to the author, what is the main cause of hunger?
The Men of the Family
Chapter 6: Women receive bulk of the loans form Grameen Bank of Bangladesh. According to one research report presented in this chapter, who controls the money received by these women?
American Block
During cold war West Germany, Japan, and Canada belonged
Socialism
Under which economic system things are produced for use not for profit?
USA
During one of my trips, I saw an old lady who was buying used clothes from a store. She picks up a dozen or so used clothes and goes to the checkout. She pulls out all the money she had in her purse. It was not enough. She leaves out one third of the clothes. Money is still short. She laves out another blanket. Where did I see this?
United States of Europe (EU)
European Union consists of a large number of nations from Europe. What was the first proposed name for this union?
Immigration of Asian Americans was controlled by INS and they bought in highly educated people from Asia
In the U.S. Median income of Asian Americans is much higher compared to all other ethnic groups. According to our class lecture, what is the main reason for that?
Poor people have low IQ
In their book Bell Curve authors Herrnstein and Murray give reasons for poverty. Which one of the following is one of those reasons?
All of the Above
Poverty, low productivity in agriculture, and poor transportation systems are some of the common problems in Niger. Also, it is one of the nations with largest percent of its population facing extreme hunger. Which of the following three variables is responsible for hunger in Niger? -Production of Food -Distribution of Food -Access to Food
The time of President Johnson
The War of Poverty in the U.S. began during the time of?
Strategic Trade History
The statement, National government should encourage certain companies and help them success refers to?
Socialism
Theoretically speaking, which system eliminates inequality?
Economy based on free market
What is economic liberalism?
A bank in Bangladesh that gives out small loans to rural poor people
What is the Grameen Bank?
Positive
What was the impact of WWII on U.S. Economy?
Reconstruction of Japan and Germany
What was the main goal of Bretton Woods System?
Help Europe in its development projects
What was the main goal of Marshall Plan?
Help in developed of European nations
What was the main goal of Marshall Plan?
Norway
Which nation has the highest HDI ranking?
China
Which nation has the largest trade surplus?
All of the Above
Which of the following is emphasized under economic nationalism? -Economic activities should be tied to nation building -Defense is more important than trade -It is ok to impose trade barriers and tariffs
Management skills, Good college education, Generous immigration policy
Which of the following is one of the strengths of U.S. economy?
Rwanda
Which of the following nations is not in Quaternary stage?
Primary Sector
Which one of the following best describes the economy of Somalia?
Dependence on Natural Resources
Which one of the following is a serious threat to the future of economy of Middle Eastern nations such as Saudi Arabia? -Conflict with Israel -Terrorism -Dependence on Natural Resources
Germany
Which one of the following nations has big trade surplus?
Ireland
Which one of the following nations has the highest GDP per capita?
All of the Above
Which one of the following nations used Japanese model of development? -Taiwan -Japan -Korea
Growth of Capital is slower than non-welfare states
Which one of the following statements best describes growth of capital in a welfare state?
Growth of capital is slower than non-welfare states
Which one of the following statements best describes growth of capital in a welfare state?
Economic activities should be tied to nation building, defense is more important than trade, its ok to impose trade barriers and tariffs
which one of the following is emphasized under economic nationalism?