Podcast
Questions and Answers
Which term refers to the economic policy that promotes free market principles and limited government intervention in the economy?
Which term refers to the economic policy that promotes free market principles and limited government intervention in the economy?
- Sustainability
- Neoliberalism
- Socialism with Chinese Characteristics
- Capitalism (correct)
What is the term for the process of transferring ownership of a business, industry, or service from the government to the private sector?
What is the term for the process of transferring ownership of a business, industry, or service from the government to the private sector?
- Economic Liberalization
- Privatization (correct)
- Socialism with Chinese Characteristics
- Free Market
Which term refers to the political and economic dominance of one country or group of countries over others?
Which term refers to the political and economic dominance of one country or group of countries over others?
- Hegemony (correct)
- Multinational corporation (MNC)
- United Nations
- Geopolitics
What is the term for the process of opening up a country's economy to international trade and investment?
What is the term for the process of opening up a country's economy to international trade and investment?
Which term refers to the process of transferring ownership of a business, industry, or service from the government to the private sector?
Which term refers to the process of transferring ownership of a business, industry, or service from the government to the private sector?
What term is used to describe the economic policy that promotes free market principles and limited government intervention in the economy?
What term is used to describe the economic policy that promotes free market principles and limited government intervention in the economy?
What term refers to the process of opening up a country's economy to international trade and investment?
What term refers to the process of opening up a country's economy to international trade and investment?
What term refers to the political and economic dominance of one country or group of countries over others?
What term refers to the political and economic dominance of one country or group of countries over others?
