Age of census + Neo Liberalism

What is the central idea of Neo-Liberalism?

Neo-Liberalism emphasizes free-market capitalism, limited government intervention, and individual economic freedoms.

1 of 60

Name one influential economist associated with the development of Neo-Liberalism.

Milton Friedman is one influential economist associated with the development of Neo-Liberalism.

2 of 60

How does Neo-Liberalism view the role of the state in the economy?

Neo-Liberalism advocates for a minimal role of the state in the economy.

3 of 60

Identify a key aspect of Neo-Liberal economic policy.

Deregulation is a key aspect of Neo-Liberal economic policy.

4 of 60

What is the Age of Census in the context of government and politics?

The Age of Census refers to the period of economic and political thought dominated by Neo-Liberal principles.

5 of 60

How did the Age of Census impact political and economic thought?

The Age of Census influenced a shift towards free-market policies and globalization.

6 of 60

Define globalization and its connection to Neo-Liberalism.

Globalization is the increasing interconnectedness of economies and societies, often associated with Neo-Liberalism.

7 of 60

Name a prominent international organization that promotes Neo-Liberal economic policies.

The International Monetary Fund (IMF) is a prominent organization promoting Neo-Liberal economic policies.

8 of 60

What is the significance of deregulation in Neo-Liberalism?

Deregulation in Neo-Liberalism aims to reduce government restrictions on business activities.

9 of 60

Explain the concept of free-market capitalism within the Neo-Liberal framework.

Free-market capitalism within Neo-Liberalism supports minimal government interference in the market.

10 of 60

How does Neo-Liberalism view income inequality?

Neo-Liberalism often accepts some level of income inequality as a natural outcome of the market.

11 of 60

Provide an example of a policy associated with Neo-Liberalism.

Privatization of public services is a policy associated with Neo-Liberalism.

12 of 60

What role does the market play in Neo-Liberal economic thinking?

The market is seen as a self-regulating mechanism in Neo-Liberal economic thinking.

13 of 60

Discuss the impact of privatization on public services in the Neo-Liberal model.

Privatization can impact the delivery and accessibility of public services in the Neo-Liberal model.

14 of 60

What is the relationship between Neo-Liberalism and individual freedom?

Neo-Liberalism associates individual freedom with economic freedom and limited government intervention.

15 of 60

Explain the term "trickle-down economics" in the context of Neo-Liberalism.

Trickle-down economics suggests that benefits to the wealthy will eventually reach the entire society.

16 of 60

How does Neo-Liberalism approach social welfare policies?

Neo-Liberalism tends to favour limited social welfare policies to avoid excessive government intervention.

17 of 60

Identify a criticism of Neo-Liberalism.

Critics argue that Neo-Liberalism can lead to increased inequality and social division.

18 of 60

How did the Age of Census shape the role of governments in the global economy?

The Age of Census shaped the role of governments by promoting Neo-Liberal economic policies globally.

19 of 60

Discuss one way in which Neo-Liberalism has influenced international trade agreements.

Neo-Liberalism has influenced international trade agreements by advocating for free trade and reduced barriers.

20 of 60

What is the role of competition in the Neo-Liberal economic model?

Competition is seen as a driving force for efficiency and innovation in the Neo-Liberal economic model.

21 of 60

Name a policy associated with reducing government spending in the Neo-Liberal framework.

Austerity measures, such as reducing public services, are associated with reducing government spending in the Neo-Liberal framework.

22 of 60

How does Neo-Liberalism view the concept of "invisible hand" in the market?

The "invisible hand" in the market, as proposed by Adam Smith, is viewed positively in Neo-Liberalism as a self-regulating mechanism.

23 of 60

Explain the connection between Neo-Liberalism and the concept of minimal state intervention.

Neo-Liberalism advocates for minimal state intervention, allowing the market to operate freely.

24 of 60

Identify a consequence of the Age of Census on the role of the welfare state.

The Age of Census led to a re-evaluation of the welfare state, often resulting in cutbacks and reforms.

25 of 60

How does Neo-Liberalism approach taxation?

Neo-Liberalism generally favours lower taxes to stimulate economic growth.

26 of 60

Define austerity measures and their relationship to Neo-Liberal economic policies.

Austerity measures involve reducing government expenditures to address economic challenges, aligning with Neo-Liberal policies.

27 of 60

Name a key organization that promotes Neo-Liberal ideas through academic and policy research.

he Cato Institute is a key organization promoting Neo-Liberal ideas through academic and policy research.

28 of 60

Discuss the impact of globalization on national sovereignty within the Neo-Liberal framework.

Globalization in the Neo-Liberal framework can challenge national sovereignty as economic decisions become more interconnected.

29 of 60

How does Neo-Liberalism view the role of labour unions?

Neo-Liberalism tends to view labour unions with scepticism, as they may be seen as hindering the free market.

30 of 60

Provide an example of a country that has implemented Neo-Liberal economic policies.

Chile is an example of a country that implemented Neo-Liberal economic policies under the leadership of Augusto Pinochet.

31 of 60

How does the Age of Census influence the discourse on economic development in developing countries?

The Age of Census influences economic development discourse by emphasizing free-market principles and reducing state involvement.

32 of 60

What is the significance of the concept of "rolling back the state" in Neo-Liberalism?

"Rolling back the state" is a Neo-Liberal concept emphasizing reducing government intervention in the economy.

33 of 60

Explain the term "commodification" in the context of Neo-Liberalism.

Commodification in Neo-Liberalism refers to turning goods and services into marketable commodities.

34 of 60

Discuss the impact of Neo-Liberalism on income tax rates.

Neo-Liberalism often advocates for lower income tax rates to encourage economic growth and individual incentives.

35 of 60

How does Neo-Liberalism view the idea of social safety nets?

Neo-Liberalism may view social safety nets as potentially hindering market efficiency.

36 of 60

Identify a challenge or criticism of globalization from a Neo-Liberal perspective.

Critics argue that globalization, from a Neo-Liberal perspective, can lead to cultural homogenization and inequality.

37 of 60

How does Neo-Liberalism influence the approach to environmental regulations?

Neo-Liberalism may seek to minimize environmental regulations to encourage business growth.

38 of 60

Discuss the relationship between Neo-Liberalism and the concept of economic liberalism.

Neo-Liberalism shares similarities with economic liberalism, emphasizing free markets and limited government intervention.

39 of 60

Explain the concept of "market-driven democracy" in the context of Neo-Liberalism.

Market-driven democracy in Neo-Liberalism suggests that economic forces and market dynamics shape democratic outcomes.

40 of 60

How does Neo-Liberalism view the role of the central bank in managing the economy?

Neo-Liberalism often advocates for an independent central bank to manage the economy with a focus on controlling inflation.

41 of 60

Identify a key principle of Neo-Liberalism concerning property rights.

Respecting and protecting private property rights is a key principle of Neo-Liberalism.

42 of 60

Explain the concept of "creative destruction" in the context of Neo-Liberal economic thought.

"Creative destruction" refers to the idea that economic progress requires the replacement of old industries with new ones, even if it results in some economic upheaval.

43 of 60

What is the Neo-Liberal perspective on government subsidies

Neo-Liberalism generally opposes government subsidies, viewing them as interference in the free market.

44 of 60

How does the Age of Census influence the role of the state in education policy?

The Age of Census may influence education policy by promoting market-oriented reforms such as school choice and competition.

45 of 60

Name an international financial institution that often aligns with Neo-Liberal economic policies.:

The International Monetary Fund (IMF) often aligns with Neo-Liberal economic policies in its approach to financial assistance and economic reforms.

46 of 60

Discuss the relationship between Neo-Liberalism and the concept of "minimalist state."

Neo-Liberalism is associated with the concept of a "minimalist state," emphasizing limited government intervention.

47 of 60

How does Neo-Liberalism approach the issue of government debt?

Neo-Liberalism tends to favor reducing government debt through fiscal discipline and austerity measures.

48 of 60

Identify a potential critique of the Neo-Liberal approach to social justice.

Critics argue that the Neo-Liberal approach may neglect social justice concerns, leading to increased inequality.

49 of 60

Explain the term "market-oriented reforms" in the context of Neo-Liberal economic strategies.

"Market-oriented reforms" refer to policies that aim to introduce more market mechanisms into various sectors, often associated with Neo-Liberal economic strategies.

50 of 60

How does Neo-Liberalism view the idea of protectionism in international trade?

Neo-Liberalism generally opposes protectionist measures in international trade, advocating for free trade.

51 of 60

Discuss the impact of Neo-Liberalism on labour markets and employment relations.

Neo-Liberalism may impact labour markets by promoting flexibility, reducing job security, and altering employment relations.

52 of 60

Identify a political leader associated with implementing Neo-Liberal economic policies in the United Kingdom.

Margaret Thatcher is a political leader associated with implementing Neo-Liberal economic policies in the United Kingdom during the 1980s.

53 of 60

What is the role of the World Trade Organization (WTO) in promoting Neo-Liberal principles?

The World Trade Organization (WTO) promotes Neo-Liberal principles by encouraging free trade and reducing trade barriers.

54 of 60

How does the Age of Census influence discussions about the role of the welfare state in healthcare?

The Age of Census may influence discussions about the role of the welfare state in healthcare by promoting market-oriented reforms and privatization.

55 of 60

Explain the term "flexible labour markets" in the context of Neo-Liberal economic policies.

"Flexible labour markets" refer to labour markets that can easily adapt to changing economic conditions, often associated with Neo-Liberal policies

56 of 60

Discuss the connection between Neo-Liberalism and the Washington Consensus.

The Washington Consensus is a set of economic policy recommendations, often aligned with Neo-Liberal principles, that emerged in the 1980s.

57 of 60

How does Neo-Liberalism address the issue of income redistribution?

Neo-Liberalism often argues for minimal income redistribution, relying on market mechanisms to determine income distribution.

58 of 60

Identify a potential consequence of Neo-Liberal economic policies on income mobility.

A consequence of Neo-Liberal economic policies on income mobility may include both upward and downward mobility depending on individual circumstances.

59 of 60

Explain the concept of "economic rationality" in the context of Neo-Liberal thinking.

"Economic rationality" in Neo-Liberal thinking refers to the idea that individuals and businesses make decisions based on self-interest and rational calculation, contributing to overall economic efficiency.*

60 of 60

Get Revising

Age of census + Neo Liberalism

Other cards in this set

Card 2

Front

Back

Card 3

Front

Back

Card 4

Front

Back

Card 5

Front

Back

Comments

Similar Government & Politics resources: