Question 1

The market price of a ware refers to the price that is determined by the interaction of supply and demand.

Accepted Answer

A) True 
 B)False

Question 2

_____ refers to a society that is ruled by the wealthy.

Accepted Answer

A)  Kleptocracy 
B)  Democracy 
C)  Plutocracy 
D)  Theocracy 
A)  Kleptocracy 
B)  Democracy 
C)  Plutocracy 
D)  Theocracy

Question 3

Which of the following is true about an agrarian society?

Accepted Answer

A)  It was a postindustrial society. 
B)  Most people worked in the industries for subsistence. 
C)  The political and cultural values of such societies was based on industrial experience. 
D)  Business activity beyond barter and exchange was a tiny part of the economy. 
A)  It was a postindustrial society. 
B)  Most people worked in the industries for subsistence. 
C)  The political and cultural values of such societies was based on industrial experience. 
D)  Business activity beyond barter and exchange was a tiny part of the economy.

Question 4

Which of the following statements about the new Progressives is true?

Accepted Answer

A)  They make efforts to build majority coalitions in the mainstream. 
B)  They apply new scientific,legal,and management theories of the day to smooth the harsh edges of capitalism. 
C)  They believe that corporations have insufficient power. 
D)  They advocate more radical corporate reform than the old Progressives. 
A)  They make efforts to build majority coalitions in the mainstream. 
B)  They apply new scientific,legal,and management theories of the day to smooth the harsh edges of capitalism. 
C)  They believe that corporations have insufficient power. 
D)  They advocate more radical corporate reform than the old Progressives.

Question 5

Liberalism is a word denoting both the ideology of using markets to organize society and a set of specific policies to free markets from state intrusion.

Accepted Answer

A) True 
 B)False

Question 6

_____ is a classless social system in which property is collectively owned and income from labor is equally and indiscriminately divided among members.

Accepted Answer

A)  Socialism 
B)  Capitalism 
C)  Anarchism 
D)  Fascism 
A)  Socialism 
B)  Capitalism 
C)  Anarchism 
D)  Fascism

Question 7

The members of the broad political and social reform movement that took place in the early years of the 20th century are known as the:

Accepted Answer

A)  old Progressives. 
B)  liberals. 
C)  new Progressives. 
D)  socialists. 
A)  old Progressives. 
B)  liberals. 
C)  new Progressives. 
D)  socialists.

Question 8

One critic refers to the process of neoliberal conquest as "necrocapitalism",or the creation of death zones that subjugate life to wealth creation.

Accepted Answer

A) True 
 B)False

Question 9

Discuss the progressive reform movement in America.

Accepted Answer

The progressive movement was a broad ref

Question 10

The catastrophic Depression of the 1930s brought to light much ineptness,criminal negligence,and outright fraud by prominent executives.

Accepted Answer

A) True 
 B)False

Question 11

Keynesianism is an economic philosophy according to which social progress comes when individuals freely pursue their self-interests in unregulated markets.

Accepted Answer

A) True 
 B)False

Question 12

The popular theoretician of the rising American capitalist spirit was Adam Smith.

Accepted Answer

A) True 
 B)False

Question 13

During World War II,support for business rebounded in the United States.

Accepted Answer

A) True 
 B)False

Question 14

What is meant by liberalism,economic liberalism,Keynesianism,and neoliberalism?

Accepted Answer

Liberalism arose in Europe as a social p

Question 15

The term Chicago School is synonymous with:

Accepted Answer

A)  Keynesianism. 
B)  neoliberalism. 
C)  ordoliberalism. 
D)  imperialism. 
A)  Keynesianism. 
B)  neoliberalism. 
C)  ordoliberalism. 
D)  imperialism.

Question 16

What was the populist movement?

Accepted Answer

The populist movement was a political re

Question 17

_____ refers to a socially engineered model of alternative community that is designed to correct faults in the world so its members can find happiness.

Accepted Answer

A)  Ideology 
B)  Utopia 
C)  Materialism 
D)  Euphoria 
A)  Ideology 
B)  Utopia 
C)  Materialism 
D)  Euphoria

Question 18

The Industrial Workers of the World (IWW),formed in 1905,proposed to represent all workers of both sexes and all races in the fight to overthrow the capitalist system.

Accepted Answer

A) True 
 B)False

Question 19

Describe the views of the old Progressives and the new Progressives.What are the three basic beliefs that prompt them to act?

Accepted Answer

With the election of Ronald Reagan in 19

Question 20

Plato believed that virtues such as courage,temperance,justice,and wisdom which he called "goods of the soul" were superior to "external goods," which he defined as possessions and money.

Accepted Answer

A) True 
 B)False

The market price of a ware refers to the price that is determined by the interaction of supply and demand.

_____ refers to a society that is ruled by the wealthy.

Which of the following is true about an agrarian society?

Which of the following statements about the new Progressives is true?

Liberalism is a word denoting both the ideology of using markets to organize society and a set of specific policies to free markets from state intrusion.

_____ is a classless social system in which property is collectively owned and income from labor is equally and indiscriminately divided among members.

The members of the broad political and social reform movement that took place in the early years of the 20^th century are known as the:

One critic refers to the process of neoliberal conquest as "necrocapitalism",or the creation of death zones that subjugate life to wealth creation.

Discuss the progressive reform movement in America.

The catastrophic Depression of the 1930s brought to light much ineptness,criminal negligence,and outright fraud by prominent executives.

Keynesianism is an economic philosophy according to which social progress comes when individuals freely pursue their self-interests in unregulated markets.

The popular theoretician of the rising American capitalist spirit was Adam Smith.

During World War II,support for business rebounded in the United States.

What is meant by liberalism,economic liberalism,Keynesianism,and neoliberalism?

The term Chicago School is synonymous with:

What was the populist movement?

_____ refers to a socially engineered model of alternative community that is designed to correct faults in the world so its members can find happiness.

The Industrial Workers of the World (IWW),formed in 1905,proposed to represent all workers of both sexes and all races in the fight to overthrow the capitalist system.

Describe the views of the old Progressives and the new Progressives.What are the three basic beliefs that prompt them to act?

Plato believed that virtues such as courage,temperance,justice,and wisdom which he called "goods of the soul" were superior to "external goods," which he defined as possessions and money.

The Study of Business, Government, and Society

The Dynamic Environment

Business Power

Corporate Social Responsibility

Implementing Corporate Social Responsibility

Business Ethics

Making Ethical Decisions in Business

Business in Politics

Regulating Business

Multinational Corporations

Globalization, Trade, and Corruption

Industrial Pollution and Environmental Regulation

Managing Environmental Quality

Consumerism

The Changing Workplace

Civil Rights, Women, and Diversity

Corporate Governance

Filters

Exam 4: Critics of Business

The market price of a ware refers to the price that is determined by the interaction of supply and demand.

_____ refers to a society that is ruled by the wealthy.

Which of the following is true about an agrarian society?

Which of the following statements about the new Progressives is true?

Liberalism is a word denoting both the ideology of using markets to organize society and a set of specific policies to free markets from state intrusion.

_____ is a classless social system in which property is collectively owned and income from labor is equally and indiscriminately divided among members.

The members of the broad political and social reform movement that took place in the early years of the 20th century are known as the:

One critic refers to the process of neoliberal conquest as "necrocapitalism",or the creation of death zones that subjugate life to wealth creation.

Discuss the progressive reform movement in America.

The catastrophic Depression of the 1930s brought to light much ineptness,criminal negligence,and outright fraud by prominent executives.

Keynesianism is an economic philosophy according to which social progress comes when individuals freely pursue their self-interests in unregulated markets.

The popular theoretician of the rising American capitalist spirit was Adam Smith.

During World War II,support for business rebounded in the United States.

What is meant by liberalism,economic liberalism,Keynesianism,and neoliberalism?

The term Chicago School is synonymous with:

What was the populist movement?

_____ refers to a socially engineered model of alternative community that is designed to correct faults in the world so its members can find happiness.

The Industrial Workers of the World (IWW),formed in 1905,proposed to represent all workers of both sexes and all races in the fight to overthrow the capitalist system.

Describe the views of the old Progressives and the new Progressives.What are the three basic beliefs that prompt them to act?

Plato believed that virtues such as courage,temperance,justice,and wisdom which he called "goods of the soul" were superior to "external goods," which he defined as possessions and money.

The Study of Business, Government, and Society

The Dynamic Environment

Business Power

Corporate Social Responsibility

Implementing Corporate Social Responsibility

Business Ethics

Making Ethical Decisions in Business

Business in Politics

Regulating Business

Multinational Corporations

Globalization, Trade, and Corruption

Industrial Pollution and Environmental Regulation

Managing Environmental Quality

Consumerism

The Changing Workplace

Civil Rights, Women, and Diversity

Corporate Governance

Filters

The members of the broad political and social reform movement that took place in the early years of the 20^th century are known as the: