Neoliberalism

In neoliberalism all people are seen as ...

• millionaires

• consumers

• members of trade unions

From a neoliberal perspective, what prevents the formation of a natural hierarchy of winners and losers?

• the organisation of labour and collective bargaining

• the trickle down effect

• competition

What do the rich often forget?

• that they worked hard for their money

• to blame themselves

• that they have advantages, poor people often don't have (like a good education and money from their parents)

The more neoliberal a country is, ...

• the fewer rich people live there.

• the more suffer poor people from psychological problems.

• the cheaper the costs of housing

Who supported Friedrich Hayek when he started to spread neoliberalism in the 1940s?

• very rich people

• very poor people

• the American government

What was the slogan of neoliberalism?

• There is no alternative

• The economy will rise

• No more poverty

How has the economic growth changed in the neoliberal era?

• It has been steady.

• It has been markedly slower.

• It has been markedly faster.

What is another term for rent in neoliberalism?

• Payment

• unearned income

• payment after their retirement

The rich become……and the poor become….

• richer / richer

• poorer / richer

• richer / poorer

What has happened among the wealthy over the last 40 years?

• the distribution of wealth has stayed the same

• those who produce goods or services have become the wealthiest

• those who produce goods have less, while those who have unearned income (rent, interest,...) have more