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Self Test on Knowledge Associated With Worldview Theme #22

Respond to each of the 10 multiple choice questions below by typing the number 1 to 5 of the answer you wish to select in the response box. When finished, click "process your responses".

1. The key word behind the economic program embodied in the Expansionism worldview theme is

1) stability    2) justice    3) productivity

4) growth    5) planning

2.  If a country's gross national product averaged over its population is below the world average, this could indicate 

1) little government interference in the economy   2) a slow growing economy

3) underdevelopment    4) no comparative advantage    

5) no growth in productivity

3. The phrase “investment made in people” might be part of the definition of which of the terms below? 

1) human capital    2) human potential     3) opportunity cost

4) paternalism        5) master

4.   All of the following words or terms come to mind when thinking of "imperialism" except  which one ?

1) expansionism    2) dependent underdevelopment    3) exploitation    

4)  colonialism    5)  sustainable development 

5.  Which of the following associations is wrong?

1) colonialism / rooted in altruism, egalitarianism

2) technology assessment / considers impacts, tradeoffs 

3) overshoot & collapse / could end global expansionism

4) corporate state/ government, corporations intermeshed

5) McDonaldization / American business, culture spread

6.   Expansionism is based on solving problems which may arise by doing all of the following except 

1) using technology assessment     2) changing government economic policy

3) encouraging people to change their lifestyles    4) using engineering design

5) promoting free trade  

7.  All of the following economic mantras or orientations might be supported by someone for whom the Expansionism worldview theme is a key component of their overall worldview except which one?

1) "business as usual"  2) "growth is good"    3) "a rising tide lifts all boats"

4) "insatiable is not sustainable"    5) 4% GNP annual growth = healthy economy

8. Imagine that two countries with market economies both have a few relatively well off people, and lots of people in poverty. Whereas a social welfare state economist would advocate government interference  to redistribute wealth, in the other country, an economist subscribing to the Expansionism worldview theme might instead suggest

1) more investment in human capital        2)  increasing economic growth

3) increasing free trade with other nations  

4) increasing global competitiveness index  

5) all of the above 

9.  A belief that you might expect from someone for whom the Imperialism worldview theme is a key component of their overall worldview to hold would be belief in or being sympathetic to which of the following?

1) altruism      2) ethnocentrism        3) socialism    

4) the concept of "enoughness"        5)  populism

10. Which of the following associations is wrong?

1) balance of trade / compares value of imports, exports

2) recession / decline in economic activity

3) investment basis / expected return > cost of borrowing

4) inflation rate / measures price increases

5) compound interest / annual interest added is fixed

 

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       For Worldview Theme(s) #22

       Your Score on the Self Test = correct out of 10 possible

      

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