“Laissez-faire” is a policy that appeals to_______________?

Related Mcqs:

1. A problem with laissez-faire economic policy is that there is___________________?

   A. no flexibility
   B. no provision for public goods
   C. no profit motives
   D. responsiveness to demand

2. “Laissez-faire”______________?

   A. is the rallying cry of the Women Liberation Movement?
   B. was Karl Marx’s exhortation to the workers of the world
   C. is the French expression Adam Smith used to mean that government should keep its hands off the economy?
   D. is the economic theory introduced to the U.S by Keynes?

3. Total “laissez-faire” is impossible because________________?

   A. the market does not provide for satisfying public needs
   B. the market is not equitable favoring those with more resources
   C. the market makes no provision for protecting smaller participants
   D. all of the above

4. Ethnocentrism refers to_______________?

   A. an attitude with which members of one society judge another society according to their own standards
   B. the attitude that cultures be analyzed on their own terms
   C. the attitude that certain values and practices are common to all cultures
   D. all of the above

5. The “invisible hand” refers to_______________?

   A. a feature of Adam Smith,s Wealth of Nations
   B. the belief God exhibited by the Puritans
   C. the fact that prayer results in help
   D. a belief in ghosts prevalent in the early Middle Ages

6. The high cost of fighting crime is due in large part to_______________?

   A. the increase in organized crime
   B. high unemployment rates
   C. tax cuts instituted by the present administration
   D. an increase in prison inmates

7. The low birthrate in the United States is related to_______________?

   A. able nutrition
   B. increased drug use
   C. increase of women in work force
   D. none of the above

8. To use up the final products of production is to_______________?

   A. distribute
   B. consume
   C. allocate
   D. appropriate

9. The “real revolution” of the last twenty years according to one sociologist refers to_______________?

   A. the jailing of spouse abusers and marital rapists
   B. “serial” or “throwaway” marriages
   C. male bonding and tribalism
   D. women,s lack of interest in marriage

10. Religiosity refers to_______________?

    A. depth of religious feelings
    B. whether one believes in God or gods
    C. whether one participates in religious rituals
    D. a belief in heaven and hell