Neoliberalism Quiz

What are the defining features of neoliberalism?

• Privatization, deregulation, and globalization

• Nationalization, regulation, and protectionism

• Monopolization, centralization, and isolationism

• Socialization, redistribution, and localization

What is one of the criticisms of neoliberalism?

• It leads to income inequality

• It promotes social welfare

• It encourages government intervention

• It supports collective bargaining

Who were some of the prominent advocates of neoliberalism?

• Margaret Thatcher and Ronald Reagan

• Karl Marx and Friedrich Engels

• John Maynard Keynes and Paul Krugman

• Adam Smith and David Ricardo

What is one of the policy pillars of neoliberalism?

• Privatization of the public sphere

• Nationalization of the private sector

• Regulation of the corporate sector

• Increase in income and corporate taxes

What is the main goal of neoliberalism?

• Increasing the role of the private sector in the economy

• Expanding the role of the government in the economy

• Promoting income redistribution

• Implementing socialist policies

What is one of the criticisms of neoliberalism's economic policies?

• They can lead to economic inequality

• They can lead to excessive government intervention

• They can lead to economic stagnation

• They can lead to excessive regulation

What is one of the neoliberalism's focuses?

• Designing institutions

• Abolishing institutions

• Centralizing institutions

• Nationalizing institutions

What is one of the neoliberalism's traditions?

• Free-market capitalism

• Command economy

• Mixed economy

• Planned economy

What is one of the neoliberalism's political policy aspects?

• Austerity measures

• Expansionary fiscal policy

• Progressive taxation

• Welfare state

What is one of the neoliberalism's post-World War II neoliberal currents?

• Monetarism

• Keynesianism

• Marxism

• Socialism