Questions and Answers of Economics An Introduction To Traditional

How does the government raise money if there is insufficient tax revenue to cover spending?
What is the difference between internal and external debt? Why is external debt such a concern? Compare and contrast criticisms of globalization.
What is neocolonialism? What are the examples of neocolonialism over the 1945–2004 period?
Name two international organizations and discuss what they do.
What are some of the concerns about powerful global corporations, especially in smaller developing countries?
What is macroeconomics?
State Say’s law and then explain what it means in your own words.
How does the use of money in the economy create the possibility that Say’s law may not hold?
What are the two main things people can do with their income (money)?
What are the components of spending?
How does income (money) “leak” out of circulation? In what way do savings enter back into circulation?
What happens when there is not enough demand for the amount of goods produced?
How can the government offset a lack of private demand? How does this help prevent a recession?
How could lower taxes, especially for middle- and low-income households, help the economy?
What country is a superpower today? What does that mean?
How do wars and the reasons for war differ over time? Give examples.
Describe the evolution of communism from the socialist movements in the post–World War II period.
Explain why the United States was an economic superpower after World War II. Compare and contrast the defining features and events of the “long boom,” the “long slow down,” and the “boom
What is the difference between a “hot war” and a “cold war”? How is a cold war waged?
How is communism like socialism, and how is it different?
State some characteristics and explanations for the long boom of the post–World War II period. Specifically, what factors made this period unique?
Is military power necessary to maintain a neocolony? Explain.
Explain how communism is viewed and treated in the United States.
Why did the economy slow down starting in the 1970s? Give some examples.

Showing 800 - 900 of 824

1
2
3
4
5
6
7
8
9