Bretton Woods System and Controlled Capitalism Quiz

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By ExultantPolonium

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20 Questions

What system contributed to the establishment of the 'golden age of controlled capitalism'?

Who was the architect of the Bretton Woods system?

What event led to the collapse of the Bretton Woods system?

What characterized the global economic instability in the 1970s following the collapse of the Bretton Woods system?

Who were the leaders of the neoliberal revolution against Keynesianism in the 1980s?

Which two classical liberal philosophers are the roots of neoliberalism?

What did British sociologist Herbert Spencer add to the neoliberal doctrine?

What significant event further legitimized the budding neoliberal economic order?

Name three developments related to economic globalization mentioned in the text.

What is the main goal of neoliberalism in terms of market regulation?

What was the main reason for the collapse of the Bretton Woods system?

How did the Bretton Woods system contribute to the global North's class compromise?

What effect did the collapse of the Bretton Woods system have on economic competitiveness of US-based industries?

How did President Richard Nixon contribute to the demise of the Bretton Woods system?

What political approach did conservative parties advocate in the 1980s that led to election defeats for supporters of controlled capitalism?

According to Adam Smith and David Ricardo, what did they view the market as?

What did Herbert Spencer add to the neoliberal doctrine based on social Darwinism?

What event gave further legitimization to the budding neoliberal economic order?

Which aspect is NOT mentioned as a significant development related to economic globalization?

What was one advocated action by Adam Smith and David Ricardo to achieve efficient resource allocation?

Description

Test your knowledge on the Bretton Woods regime and its impact on the 'golden age of controlled capitalism'. Explore the influence of John Maynard Keynes and state interventionism in Europe and the United States during that era.

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