1.With the rise of neoliberal ideology and policy in core economies: a. financia
ID: 121440 • Letter: 1
Question
1.With the rise of neoliberal ideology and policy in core economies:
a. financial companies have become more politically important, relative to manufacturing firms.
b. the IMF has declined in power and importance
c. measures of social equality have improved in the core economies.
d. most clothing is now again manufactured in the riches countries.
15. Some countries in the Global South are rapidly building a manufacturing base and exporting products to wealthier economies. We can say that these newly industrializing countries (such as China, India and Brazil) are in the ________ of the Global Economy.
a. Periphery
Semi-periphery
Core
none of these
16.
in terms of great power comparisons, the United States:
is the world's largest territorial state.
has more than one billion people.
has a favorable ratio of natural resources to population.
has a government-controlled command economy.
34.
The more developed economies are characterized by the high percentage of the labor force and GDP concentrated in the __________ sector.
primary
secondary
service
mining
a. Periphery
b.Semi-periphery
c.Core
d.none of these
Explanation / Answer
Answer 1 c. measures of social equality have improved in the core economies.
Neoliberal emphasis has been placed on free markets and privatization which has been tied to the "new policy agenda" in which NGOs are seen as being able to provide better social welfare than governments. International NGOs have been promoted to fill holes in public services created by the World Bank and IMF through their promotion of Structural Adjustment Programs (SAPs) which reduce government health spending, and which Pfeiffer criticized as unsustainable
Answer 15 B Semi-periphery
The semi-periphery is generally industrialized. Semi-peripheral countries contribute to the manufacturing and exportation of a variety of goods. They are marked by above average land mass, as exemplified by Argentina, China, India, Brazil, Mexico, Indonesia, and Iran. More land mass typically means an increased market size and share. Semi-peripheral nations are not all large though, as smaller countries such as Israel, Poland, and Greece exist within the semi-periphery.
Answer 16 d has a government-controlled command economy.
United States was an economic giant but a military pygmy, whose war potential greatly exceeded its actual military power. Although it had undoubtedly in economic and demographic terms, the USA's credentials as a great power were unquestionable by the turn of the century
Answer 35 b Secondary
The population is growing day by day so there is more scope for the secondary sector to get more percentage of economy.
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