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Exam (elaborations)

Con Question and answers correctly solved

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  • Module
  • PLS 200
  • Institution
  • PLS 200

Con Question and answers correctly solved What roles do political parties serve in democracies? - correct answer They help establish the means by which the majority can rule. They allow the public to hold politicians accountable Examples of public goods - correct answer National Defen...

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  • November 19, 2024
  • 11
  • 2024/2025
  • Exam (elaborations)
  • Questions & answers
  • PLS 200
  • PLS 200
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Con Question and answers correctly
solved
What roles do political parties serve in democracies? - correct answer
✔They help establish the means by which the majority can rule.


They allow the public to hold politicians accountable


Examples of public goods - correct answer ✔National Defense, Public
Education, and highways


Examples of private goods - correct answer ✔automobiles, clothing,
personal computers, household appliances, sporting goods


What is a parastatal? - correct answer ✔A specific industry partially or fully
own by the state


GDP - correct answer ✔a measurement of the total production within a
country


HDI (Human Development Index) - correct answer ✔a measurement of the
wealth in a society, its distribution, and other factors such as life expectancy
and education


PPP (Purchasing Power Parity) - correct answer ✔an attempt to estimate the
buying power of income in each country by comparing similar costs


In the years between the world wars, prices on basic goods in Germany
soared. For example, the price of bread rose from 160 marks to over 200

, billion marks for a single loaf within a year. This is an example of what? -
correct answer ✔Hyperinflation


Hyperinflation - correct answer ✔A very rapid rise in the price level; an
extremely high rate of inflation.


"Liberalism has been the dominant political-economic system of the twenty-
first century." Which of the following are objections one could raise to that
statement? - correct answer ✔Liberalization mostly occurred from 2000 to
2005 and has been stagnant, or even has declined, since.


There has been substantial resistance to liberalization since the Great
Recession.


Most industrialized countries still have a large portion of their budget devoted
to social expenditures.


The story and characters in the Harry Potter novels are an example of what
kind of property? - correct answer ✔Intellectual


This political- system is associated with capitalism and is most clearly seen in
the United Kingdom and in countries that were formerly British colonies. -
correct answer ✔Liberalism


True or False // When we discuss "markets" in comparative politics, we are
referring to physical locations where buyers and sellers interact. - correct
answer ✔False


What is gross domestic product (GDP)? - correct answer ✔the total value of
goods produced and services provided in a country during one year.

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