Chapter 02 National Differences in Political Economy Answer Key
True / False Questions
The term political economy is used to stress the fact that the
... [Show More] political,
economic, and legal systems of a country are independent of each other.
FALSE
We use the term political economy to stress that the political, economic, and
legal systems of a country are interdependent; they interact and influence
each other, and in doing so they affect the level of economic well-being.
AACSB: Analytic Blooms: Remember Difficulty: 1 Easy
Learning Objective: 02-01 Understand how the political systems of
countries differ.
Topic: Introduction
Political systems that emphasize collectivism tend to be democratic, while
political systems that place a high value on individualism tend to be
totalitarian.
FALSE
Political systems that emphasize collectivism tend to be totalitarian, while
political systems that place a high value on individualism tend to be
democratic.
AACSB: Analytic Blooms: Remember Difficulty: 1 Easy
Learning Objective: 02-01 Understand how the political systems of
countries differ.
Topic: Political Systems
Plato did not equate collectivism with equality.
TRUE
Plato did not equate collectivism with equality; he believed that society
should be stratified into classes, with those best suited to rule administering
society for the benefit of all.
AACSB: Analytic Blooms: Remember Difficulty: 1 Easy
Learning Objective: 02-01 Understand how the political systems of
countries differ.
Topic: Political Systems
Karl Marx advocated state ownership of the basic means of production,
distribution, and exchange (i.e., businesses).
TRUE
2-76
Karl Marx advocated state ownership of the basic means of production,
distribution, and exchange (i.e., businesses).
AACSB: Analytic Blooms: Remember Difficulty: 1 Easy
Learning Objective: 02-01 Understand how the political systems of
countries differ.
Topic: Political Systems
The social democratsbelieved that socialism could be achieved only through
violent revolution and totalitarian dictatorship.
FALSE
The social democrats committed themselves to achieving socialism by
democratic means, turning their backs on violent revolution and dictatorship.
AACSB: Analytic Blooms: Remember Difficulty: 1 Easy
Learning Objective: 02-01 Understand how the political systems of
countries differ.
Topic: Political Systems
By the mid-1990s, communism was rising worldwide.
2-77
FALSE
By the mid-1990s communism was in retreat worldwide.
AACSB: Analytic Blooms: Remember Difficulty: 1 Easy
Learning Objective: 02-01 Understand how the political systems of countries
differ.
Topic: Political Systems [Show Less]