POLI 330N SCI WEEK 6 QUIZ.
Week 6 Quiz
1) Describe how today’s conservatives use the term “political economy.”
Conservatives use the term to try to get back to the pure market system
advocated by Adam Smith.
Conservatives understand the term within the context of Machiavelli’s The
Prince.
Conservatives veer toward John Stuart Mill’s usage, which advocated
utilitarianism.
Conservatives take a neo-utilitarian approach, hoping to benefit the weakest
members of society.
2) Early 20th-century European governments subscribed to doctrines,
generally keeping their hands away from the economy.
classic liberal
inflationary
neoclassical
Smithian
3) The 1973 Mideast war allowed members of the Organization of Petroleum
Exporting Countries (OPEC) to .
sell to nations in Eastern
Europe export to Japan and
China
quadruple oil prices
keep oil prices down
4) Between 1965 and 1973, the percentage of Americans living below the
poverty line .
doubled
greatly
decreased slightly
increased rapidly
increased
Week 6 Quiz
1) Describe how today’s conservatives use the term “political economy.”
Conservatives use the term to try to get back to the pure market system
advocated by Adam Smith.
Conservatives understand the term within the context of Machiavelli’s The
Prince.
Conservatives veer toward John Stuart Mill’s usage, which advocated
utilitarianism.
Conservatives take a neo-utilitarian approach, hoping to benefit the weakest
members of society.
2) Early 20th-century European governments subscribed to doctrines,
generally keeping their hands away from the economy.
classic liberal
inflationary
neoclassical
Smithian
3) The 1973 Mideast war allowed members of the Organization of Petroleum
Exporting Countries (OPEC) to .
sell to nations in Eastern
Europe export to Japan and
China
quadruple oil prices
keep oil prices down
4) Between 1965 and 1973, the percentage of Americans living below the
poverty line .
doubled
greatly
decreased slightly
increased rapidly
increased
