Question 1

Compare and contrast the benefits and costs of militarism.
-Does the average American have a net benefit or a net loss from wars conducted to hold neocolonies?

Accepted Answer

Most people lose from colonial wars through higher taxes, higher prices, and dead or wounded loved ones

Question 2

Whats defention of terms:
-neocolonial or neocolonialism

Accepted Answer

characterizes a country where there is no military occupation, but the government is dominated by a foreign power and the economy is exploited by foreign powers; for example, even after the United States had formal independence and no occupying troops, its economic relationship to England remained similar to a colonial one

Question 3

Excluding Brazil, the two most populous countries in the group, "Latin America and the Caribbean" are

Accepted Answer

A)  Mexico and Colombia 
B)  Colombia and Argentina 
C)  Argentina and Peru 
D)  Peru and Venezuela 
A)  Mexico and Colombia 
B)  Colombia and Argentina 
C)  Argentina and Peru 
D)  Peru and Venezuela A

Question 4

A colonial economic pattern is characterized by

Accepted Answer

A)  import of raw materials and export of manufactured goods. 
B)  import of manufactured goods and export of raw materials. 
C)  little or no international trade. 
D)  import of raw materials and export of food. 
A)  import of raw materials and export of manufactured goods. 
B)  import of manufactured goods and export of raw materials. 
C)  little or no international trade. 
D)  import of raw materials and export of food.

Question 5

The peak period of colonialism occurred

Accepted Answer

A)  during the 14th century. 
B)  between 1790 and the US Civil War. 
C)  between 1890 and World War II. 
D)  between World War II and the Vietnam War 
A)  during the 14th century. 
B)  between 1790 and the US Civil War. 
C)  between 1890 and World War II. 
D)  between World War II and the Vietnam War

Question 6

Compare and contrast the benefits and costs of militarism.
-Do any corporations benefit directly or indirectly from such wars?

Accepted Answer

The answer of Compare and contrast the benefits and costs...

Question 7

A crucial problem for some less developed countries is debt consisting of

Accepted Answer

A)  loans by international organizations such as the United Nations and the International Monetary Fund to governments of less developed countries. 
B)  loans by banks in advanced countries to governments of less developed countries. 
C)  increasing credit card and other short term debt among consumers in less developed countries. 
D)  loans by governments of advanced countries to governments of less developed countries. 
A)  loans by international organizations such as the United Nations and the International Monetary Fund to governments of less developed countries. 
B)  loans by banks in advanced countries to governments of less developed countries. 
C)  increasing credit card and other short term debt among consumers in less developed countries. 
D)  loans by governments of advanced countries to governments of less developed countries.

Question 8

Progressives argue that the national surplus in less developed countries is

Accepted Answer

A)  used primarily for large infrastructure projects such as roads and hydroelectric dams. 
B)  absorbed by the local elite for entrepreneurial activities in the domestic economy. 
C)  absorbed by the local elite for nonproductive purposes such as conspicuous consumption. 
D)  used by foreign corporations to develop industries and provide employment for the local population. 
A)  used primarily for large infrastructure projects such as roads and hydroelectric dams. 
B)  absorbed by the local elite for entrepreneurial activities in the domestic economy. 
C)  absorbed by the local elite for nonproductive purposes such as conspicuous consumption. 
D)  used by foreign corporations to develop industries and provide employment for the local population.

Question 9

Describe and discuss the various obstacles to development.
-What are some obstacles to development? Describe how the obstacles impact some of the specific measures discussed in questions 1 and 2.

Accepted Answer

The answer of Describe and discuss the various obstacles to...

Question 10

The two most populous countries in the group, "Middle East and North Africa," are

Accepted Answer

A)  Iraq and Iran 
B)  Iran and Egypt 
C)  Egypt and Morocco 
D)  Iraq and Israel 
A)  Iraq and Iran 
B)  Iran and Egypt 
C)  Egypt and Morocco 
D)  Iraq and Israel

Question 11

Discuss the impacts of colonialism and neocolonialism on less developed countries and ?developed countries.
-How do the native elite of underdeveloped countries use the surplus?

Accepted Answer

The answer of Discuss the impacts of colonialism and neocolonialism...

Question 12

The region of the world with the lowest per capita Gross National income in 2005 was

Accepted Answer

A)  Latin America and the Caribbean 
B)  Middle East and North Africa 
C)  East Asia and Pacific 
D)  South Asia 
A)  Latin America and the Caribbean 
B)  Middle East and North Africa 
C)  East Asia and Pacific 
D)  South Asia

Question 13

Describe and discuss the various obstacles to development.
-What are the roles played by trade, investment, and finance in extracting the surplus from an underdeveloped country and sending it abroad?

Accepted Answer

The answer of Describe and discuss the various obstacles to...

Question 14

Real GDP per capita has been criticized as an indicator of economic development because

Accepted Answer

A)  it does not account for size of population. 
B)  it does not account for income distribution. 
C)  it does not account for consumer spending. 
D)  it does not account for inflation. 
A)  it does not account for size of population. 
B)  it does not account for income distribution. 
C)  it does not account for consumer spending. 
D)  it does not account for inflation.

Question 15

Compare and contrast characteristics of developed and less developed countries.
-What are measures used to compare economic outcomes of developed and less developed countries?

Accepted Answer

The answer of Compare and contrast characteristics of developed and...

Question 16

"Colonialism" refers to a process in which

Accepted Answer

A)  a country endured military occupation, political domination and economic exploitation by another country. 
B)  a country endured political domination and economic exploitation by another country. 
C)  a country endured economic exploitation by another country. 
D)  a country entered into an alliance with another country 
A)  a country endured military occupation, political domination and economic exploitation by another country. 
B)  a country endured political domination and economic exploitation by another country. 
C)  a country endured economic exploitation by another country. 
D)  a country entered into an alliance with another country

Question 17

Excluding China, the second most populous country in the group, "East Asia and Pacific," is

Accepted Answer

A)  Indonesia 
B)  Japan 
C)  Vietnam 
D)  Philippines 
A)  Indonesia 
B)  Japan 
C)  Vietnam 
D)  Philippines

Question 18

Whats defention of terms:
-Militarism

Accepted Answer

The answer of Whats defention of terms:
-Militarism...

Question 19

Compare and contrast characteristics of developed and less developed countries.
-Why is underdevelopment based on several measures instead of just one?

Accepted Answer

The answer of Compare and contrast characteristics of developed and...

Question 20

Discuss the impacts of colonialism and neocolonialism on less developed countries and ?developed countries.
-Define underdeveloped country, colony, neocolony, and surplus of a country.

Accepted Answer

The answer of Discuss the impacts of colonialism and neocolonialism...

Exam 56: Development

Compare and contrast the benefits and costs of militarism. -Does the average American have a net benefit or a net loss from wars conducted to hold neocolonies?

Whats defention of terms: -neocolonial or neocolonialism

Excluding Brazil, the two most populous countries in the group, "Latin America and the Caribbean" are

A colonial economic pattern is characterized by

The peak period of colonialism occurred

Compare and contrast the benefits and costs of militarism. -Do any corporations benefit directly or indirectly from such wars?

A crucial problem for some less developed countries is debt consisting of

Progressives argue that the national surplus in less developed countries is

Describe and discuss the various obstacles to development. -What are some obstacles to development? Describe how the obstacles impact some of the specific measures discussed in questions 1 and 2.

The two most populous countries in the group, "Middle East and North Africa," are

Discuss the impacts of colonialism and neocolonialism on less developed countries and ?developed countries. -How do the native elite of underdeveloped countries use the surplus?

The region of the world with the lowest per capita Gross National income in 2005 was

Describe and discuss the various obstacles to development. -What are the roles played by trade, investment, and finance in extracting the surplus from an underdeveloped country and sending it abroad?

Real GDP per capita has been criticized as an indicator of economic development because

Compare and contrast characteristics of developed and less developed countries. -What are measures used to compare economic outcomes of developed and less developed countries?

"Colonialism" refers to a process in which

Excluding China, the second most populous country in the group, "East Asia and Pacific," is

Whats defention of terms: -Militarism

Compare and contrast characteristics of developed and less developed countries. -Why is underdevelopment based on several measures instead of just one?

Discuss the impacts of colonialism and neocolonialism on less developed countries and ?developed countries. -Define underdeveloped country, colony, neocolony, and surplus of a country.

Prehistoric Communal Institutions in the Middle East

Communal Equality to Slavery in the Middle East

Slavery to Feudalism in Western Europe

Feudalism and Paternalism in England

Feudalism to Capitalism in England

Mercantilism in England

Pre-Capitalism to Industrial Capitalism in the United States 1776-1865

Classical Liberalism Defense of Industrial Capitalism

Socialist Protest Against Industrial Capitalism

Marx Critique and Alternative to Capitalism

Rise of Corporate Capitalism in the United States, 1865-1900

Neoclassical Economics Defense of Corporate Capitalism

Veblen Critique of Corporate Capitalism

Growth and Depression in the United States, 1900-1940

Keynesian Economics and the Great Depression

The United States and Global Capitalism, 1940-2006

Robinson Crusoe Two Perspectives on Microeconomics

The Two Americas Inequality, Class, and Conflict

Inequality, Exploitation, and Economic Institutions

Prices, Profits, and Exploitation

Market Power and Global Corporations

Economics of Racial and Gender Discrimination

Environmental Devastation

Government and Inequality

Economic Democracy

Scarcity and Choice Neoclassical View

Simple Analytics of Supply and Demand

Consumption Theory: Demand

Production Theory Supply

Costs of Production

Work and Wages Neoclassical View of Income Distribution

Prices and Profits in Perfect Competition

Monopoly, Power, Prices, and Profits

Monopolistic Competition and Oligopoly

Market Failures Public Goods, Market Power, and Externalities

History of Business Cycles and Human Misery

National Income Accounting How to Map the Circulation of Money and Goods

Money and Profit Says Law and Institutionalist Criticism

Neoclassical View of Aggregate Supply and Demand

Keynesian View of Aggregate Supply and Demand

How to Measure Instability

Consumer Spending and Labor Income

Investment Spending and Profit

The Multiplier

Business Cycles and Unemployment

Growth and Waste

Fiscal Policy

Government Spending and Taxes

Money, Banking, and Credit

Inflation

Monetary Policy

Exports and Imports

International Trade, Investment, and Finance How Instability Spreads Around the World

Debate on Globalization

Debate on Free Trade

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