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Self Test on Knowledge Associated With Worldview Theme #43

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.All of the following are accepted roles by which people participate in financial markets except which?

1) investing            2) speculating          3) hedging

4) as arbitrageur   5) insider trading 

2.  A term associated with increased profits and decreased competition is         

1) collusion 

2) marginal utility             3) corporate executive pay   

4) distributive justice        5)  Law of the Jungle

3. The phrase “someone wins and someone loses” might be part of the definition or description of which of the terms below? 

1) Social Darwinism     2) zero sum game        3) Winner Take All Society    

4) egoism     5)  lobbyist

4. Government conducted in the interest of the rich is

1) capitalism      2) monopoly          3) kleptocracy

4) plutocracy     5) economic democracy

5. Which of the following could best be measured in units of  $ / year.  

1) money      2) wealth     3) income 

4) capital        5) return on investment

 

6.   All of the following words might be used to describe someone for whom the Seeking Wealth and Power worldview theme is a key component of their overall worldview except which

1) master                2) power elite        3) grabber

4) competitive        5)  other-oriented

7.  With respect to their own material success, someone for whom the Seeking Wealth and Power worldview theme is a key component of their overall worldview would most likely

1) hide it out of concern for "have nots"    2) be somewhat ashamed of it

3) revel in it and flaunt it        4) enjoy engaging in conspicuous consumption

5)  see it as evidence of their superiority 

8. Which of the following sayings is most strongly linked to someone for whom the Seeking Wealth and Power worldview theme is a key component of their overall worldview ?

1) the strong survive, the weak don't        2) a penny saved is a penny earned

3) an eye for an eye, a tooth for a tooth        4) if you've got it, flaunt it

5)  we have the best government money can buy

9.  A belief that you would not expect someone who values the Seeking Wealth and Power worldview theme to believe in is   

1) hedonism        2) individualism        3) utilitarianism 

4) Social Darwinism            5) "Greed is Good" 

10.  Despite what certain books preach, the most important pre-requisite for succeeding with investments is  

1) having money   2) possessing financial literacy

3) faith in the power of positive thinking

4) having knowledge of machiavellian tactics

5)  possessing a Hobbesian view of human nature

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       For Worldview Theme #43:

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

      

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