Exam 12: Global Processes, Local Systems

List four consequences of the downward spiral:

When you hear phrases like, "Reality is," and "Bottom line," you know you're probably talking to:

Norwegian fishers are well organized into national unions.

Finance economies are about real things.

Economists with PhDs couldn't screw up the whole world's economy.

The comparative study of fisheries showed that differences in fisheries were due to different:

Scandinavian countries are different from the U.S. because they think:

List three anthropologists mentioned in this chapter:

Substantive economies are about real things.

Financial leaders never take government handouts.

In the U.S. privatized social security would benefit:

When the Soviet Union collapsed, markets sprang up spontaneously.

Discuss how a government can become irrelevant to the economic processes of its own country.

A disarticulated economy is one in which:

Race is no longer an issue in South Carolina.

There is nothing more real than money.

For there to be markets, there must be which one of the following:

The IMF is an international democratic institution.

Explain how subprime mortgages work and why they led to a financial collapse.

Explain why, according to economist John Maynard Keynes, it does not work to stimulate the economy to cut taxes for rich people and why it does work to increase government spending.