Samenvatting Comparatieve Politieke Economie |
Universiteit Gent Questions and Correct Answers
100% Verified
1. What is the primary focus of Comparative Political Economy?
A. The study of individual consumer behavior
B. The interaction between political institutions and economic systems
C. The history of political parties only
D. International law exclusively
Correct Answer: B
Rationale: Comparative Political Economy examines how political institutions, actors, and
processes influence economic outcomes and vice versa.
2. Which concept refers to the rules and organizations that structure political
and economic interactions?
A. Globalization
B. Institutions
C. Inflation
D. Sovereignty
Correct Answer: B
Rationale: Institutions include formal and informal rules that shape behavior and economic
performance.
3. What is a key characteristic of a market economy?
A. State ownership of all resources
B. Central planning of production
C. Prices determined primarily by supply and demand
D. Elimination of competition
Correct Answer: C
,Rationale: Market economies rely on market forces to allocate resources efficiently.
4. In a command economy, economic decisions are primarily made by:
A. Consumers
B. Firms
C. International organizations
D. The government
Correct Answer: D
Rationale: Governments determine production, pricing, and distribution in command
economies.
5. Which scholar is most associated with the concept of capitalism and the
"invisible hand"?
A. Karl Marx
B. Max Weber
C. Adam Smith
D. John Maynard Keynes
Correct Answer: C
Rationale: Adam Smith argued that self-interest can promote societal welfare through market
mechanisms.
6. Karl Marx believed capitalism would eventually:
A. Create perfect equality
B. Be replaced by socialism due to class conflict
C. Eliminate social classes
D. Strengthen monarchies
Correct Answer: B
Rationale: Marx argued that contradictions within capitalism would generate revolutionary
change.
, 7. What is globalization?
A. The elimination of governments
B. Increasing interconnectedness of economies and societies
C. Isolation of national economies
D. The spread of communism
Correct Answer: B
Rationale: Globalization involves greater cross-border flows of goods, services, capital, and
information.
8. Which institution provides financial assistance to countries experiencing
balance-of-payments problems?
A. WTO
B. OECD
C. IMF
D. NATO
Correct Answer: C
Rationale: The International Monetary Fund assists countries facing financial crises.
9. What is meant by a welfare state?
A. A state without taxation
B. A government that provides social protection and public services
C. A military dictatorship
D. A purely capitalist state
Correct Answer: B
Rationale: Welfare states reduce social risks through programs such as healthcare and pensions.
10. Which country is commonly associated with the Social Democratic welfare
model?
Universiteit Gent Questions and Correct Answers
100% Verified
1. What is the primary focus of Comparative Political Economy?
A. The study of individual consumer behavior
B. The interaction between political institutions and economic systems
C. The history of political parties only
D. International law exclusively
Correct Answer: B
Rationale: Comparative Political Economy examines how political institutions, actors, and
processes influence economic outcomes and vice versa.
2. Which concept refers to the rules and organizations that structure political
and economic interactions?
A. Globalization
B. Institutions
C. Inflation
D. Sovereignty
Correct Answer: B
Rationale: Institutions include formal and informal rules that shape behavior and economic
performance.
3. What is a key characteristic of a market economy?
A. State ownership of all resources
B. Central planning of production
C. Prices determined primarily by supply and demand
D. Elimination of competition
Correct Answer: C
,Rationale: Market economies rely on market forces to allocate resources efficiently.
4. In a command economy, economic decisions are primarily made by:
A. Consumers
B. Firms
C. International organizations
D. The government
Correct Answer: D
Rationale: Governments determine production, pricing, and distribution in command
economies.
5. Which scholar is most associated with the concept of capitalism and the
"invisible hand"?
A. Karl Marx
B. Max Weber
C. Adam Smith
D. John Maynard Keynes
Correct Answer: C
Rationale: Adam Smith argued that self-interest can promote societal welfare through market
mechanisms.
6. Karl Marx believed capitalism would eventually:
A. Create perfect equality
B. Be replaced by socialism due to class conflict
C. Eliminate social classes
D. Strengthen monarchies
Correct Answer: B
Rationale: Marx argued that contradictions within capitalism would generate revolutionary
change.
, 7. What is globalization?
A. The elimination of governments
B. Increasing interconnectedness of economies and societies
C. Isolation of national economies
D. The spread of communism
Correct Answer: B
Rationale: Globalization involves greater cross-border flows of goods, services, capital, and
information.
8. Which institution provides financial assistance to countries experiencing
balance-of-payments problems?
A. WTO
B. OECD
C. IMF
D. NATO
Correct Answer: C
Rationale: The International Monetary Fund assists countries facing financial crises.
9. What is meant by a welfare state?
A. A state without taxation
B. A government that provides social protection and public services
C. A military dictatorship
D. A purely capitalist state
Correct Answer: B
Rationale: Welfare states reduce social risks through programs such as healthcare and pensions.
10. Which country is commonly associated with the Social Democratic welfare
model?
