Understanding Political and Economic Limits

Understanding Political and Economic Limits

Assessment

Interactive Video

Social Studies, Philosophy, Business

10th Grade - University

Hard

Created by

Aiden Montgomery

FREE Resource

Michael Waler discusses the parallels between political and economic systems, emphasizing the need for limits on power and wealth to prevent corrosive effects. He argues for regulation of market behavior and critiques the role of greed in capitalism, highlighting the necessity of state intervention. Waler also reflects on human nature, ambition, and moral behavior, suggesting that people generally act decently when not under threat.

Read more

10 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the main purpose of political constitutionalism according to the speaker?

To promote economic growth

To eliminate government intervention

To set limits on the pursuit and use of power

To encourage competition

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What does the speaker suggest should be regulated in the economy?

The production of goods

The pursuit of wealth

The distribution of resources

The creation of jobs

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What does the speaker imply about the limits on what money can buy?

They should be similar to limits on power

They should focus on luxury goods

They should be expanded

They should be removed

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

According to the speaker, what is a visible hand necessary for?

Increasing competition

Regulating market behavior

Promoting free markets

Reducing government size

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What does the speaker identify as a permanent feature of the capitalist system?

Government regulation

Market stability

Economic crises

Greed

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the speaker's stance on the role of government in the economy?

It should be minimal

It should regulate market behavior

It should promote competition

It should focus on wealth distribution

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What does the speaker believe about the nature of greed on Wall Street?

It is beneficial for the economy

It is a constant feature

It is a new phenomenon

It is the cause of all economic crises

Create a free account and access millions of resources

Create resources
Host any resource
Get auto-graded reports
or continue with
Microsoft
Apple
Others
By signing up, you agree to our Terms of Service & Privacy Policy
Already have an account?