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UPO-302 CPE

Authored by Davleen Kour

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UPO-302 CPE
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10 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the core principle of classical liberalism?

) Economic equality

●       Social justice

Individual liberty

●       State intervention

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the classical liberal view on the role of government in the economy?

Limited government intervention

Centralized economic planning

●       Total government control

●       Government ownership of all businesses

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which of the following statements is given by Herbert Spencer?

●       Greatest happiness for the Greatest number

●       Survival of the fittest

●       Let me Grow

●       A drunkard in the gutter is where he just ought to be.

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which of the following books is written by Freidrich Hayek?

●       The Road to Serfdom

●       On Liberty

●       Wealth of nations

●       The Principles of Moral and Legislation

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

How can the concept of "trusteeship" be applied in Gandhian economics?

●       Private ownership

Collective ownership

Public ownership

Ethical ownership

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is  globalization primarily characterized by?

●       Localization of economies

Increased interconnectedness

●       Isolationist policies

international trade barriers

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

The term “Global Village” is coined by?

David Held

Marshall Mcluhan

Anthony Giddens

None of the above

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