Question 1

Neoliberalism is associated with:

Accepted Answer

A)  supporting fair trade to return profits to producers. 
B)  increased financial regulation to protect consumers from predatory lenders. 
C)  selling public services like water and public transportation to for-profit companies. 
D)  increased spending on health and education.

Question 2

Define the term commodity chain. Describe the links in a global commodity chain that originates in Côte d'Ivoire. Give at least 3 examples of how the recent history of this former colony illustrates the complex dynamics of the global economy.

Accepted Answer

The answer of Define the term commodity chain. Describe the...

Question 3

According to the text, what is the country of Côte d'Ivoire best known for?

Accepted Answer

A)  extensive tropical forests 
B)  banana exports 
C)  political corruption 
D)  cocoa exports

Question 4

Your dream is to live in Paris. Unfortunately, you do not speak French or have a work visa, so you can only stay 90 days or until you run out of money, whichever comes first. Your language and immigration status are examples of

Accepted Answer

A)  pushes. 
B)  bridges. 
C)  pulls. 
D)  barriers.

Question 5

How did European colonialism impact the development of the global economic system? Why was Columbus's voyage to the New World tied to the trade network occurring in the Old World? Explain how the discovery of gold and silver in the New World and colonization facilitated Europe's participation in the Old World trade network.

Accepted Answer

The answer of How did European colonialism impact the development...

Question 6

Which of the following is a success the global economy has achieved in the past sixty years?

Accepted Answer

A)  Near universal literacy across the globe. 
B)  Infant mortality rates have dropped by more than 60 percent. 
C)  A reduction in poverty has meant fewer than one million people across the globe go hungry each day. 
D)  Life expectancy in the past century has risen by 50 percent to 78 years.

Question 7

What is agricultural production? Where and when was it first seen in the archaeological record? What technologies does this subsistence strategy use? Name three social, political, and demographic features of agricultural societies that are not found in horticultural, pastoral, or foraging lifestyles.

Accepted Answer

The answer of What is agricultural production? Where and when...

Question 8

Reciprocity-the exchange of goods and services among those of relatively equal status-provides a means to share resources. What other significant function does it serve?

Accepted Answer

A)  It helps maintain social status. 
B)  It provides for the poor. 
C)  It counteracts the dangers of large-scale industrial agriculture. 
D)  It helps build social ties.

Question 9

Henry Ford is known for refining the assembly line and the Model T. He also adopted an attitude that came to be known as Fordism. What was a central tenet in his system?

Accepted Answer

A)  Workers should earn higher wages and work shorter hours, creating a new pool of consumers with the income and leisure to purchase a car. 
B)  Workers should earn lower wages and work shorter hours, since they were easily replaced on the assembly line. 
C)  Workers should be drawn from a pool of immigrant labor, which was cheaper and willing to tolerate the grueling work of an assembly line. 
D)  Workers could easily tolerate working on an assembly line, so they should be paid lower wages and work longer hours.

Question 10

Contrast the perspectives of modernization and dependency theories. First, define modernization theory and explain two objectives of economic development projects. Then discuss the criticisms of this approach that have emerged in Latin America. Why did Latin American theorists argue that Latin American nations could not be competitive in the global economic system? What did they suggest that underdeveloped nations should do?

Accepted Answer

The answer of Contrast the perspectives of modernization and dependency...

Question 11

When Robin Hood and his band of merry men steal from the rich to give to the poor, giving to the poor is an example of:

Accepted Answer

A)  barter. 
B)  balanced reciprocity. 
C)  redistribution. 
D)  negative reciprocity.

Question 12

The problems with industrialized agriculture are discussed in the book and include dangerous chemicals, weather susceptibility, large amounts of energy, and health risks. Taken all together, what might we note about the sorts of global problems that industrialized agriculture helps create?

Accepted Answer

A)  It leads to dramatic increases in poverty worldwide. 
B)  It is significantly reducing the pollution caused by pre-industrialized agriculture. 
C)  The problems inherent in industrialized agriculture are increasing the human ecological footprint. 
D)  The growth of industrial agriculture has created a severe shortage of capital around the world.

Question 13

What is the primary difference, from an anthropological perspective, between balanced reciprocity and generalized reciprocity?

Accepted Answer

A)  In generalized reciprocity, the value of what is exchanged is not carefully calculated. 
B)  Balanced reciprocity occurs only between immediate family members. 
C)  Generalized reciprocity is a political act. 
D)  Balanced reciprocity serves to keep families together.

Question 14

Which of the following has the greatest carrying capacity?

Accepted Answer

A)  small, local farms 
B)  groups of food foragers 
C)  industrial agriculture 
D)  pastoralists

Question 15

Why is Haiti considered a significant former colony?

Accepted Answer

A)  It was the first nation to gain independence from a colonial power. 
B)  It was the first independent former colony to be ruled by people of African descent. 
C)  It was an example of a highly profitable colony. 
D)  Widespread migration from Haiti to Britain occurred after independence.

Question 16

Bangladesh's coastal flood plain has been repeatedly inundated with monsoons, flooding, and devastating erosion. How does the nation of Bangladesh illustrate the problems of development and how it relates to environmental challenges?

Accepted Answer

A)  Governments alone cannot change the pattern of environmental destruction. 
B)  Past programs designed to help poor nations have been failures. 
C)  Poorer nations suffer the consequences of climate change in ways that developed nations do not. 
D)  Poor nations are not well equipped to manage economic growth.

Question 17

What is one caveat of world systems theory?

Accepted Answer

A)  There is not always geographical isolation between core and peripheral areas. 
B)  Globalization creates geographical isolation between core and periphery. 
C)  Both core and peripheral nations are developing more rapidly. 
D)  Semiperipheral nations are major contributors to continued poverty.

Question 18

You decide to move to Tokyo, Japan because you were offered the opportunity to make a fantastic salary as an English teacher. This opportunity is an example of a:

Accepted Answer

A)  push. 
B)  bridge. 
C)  pull. 
D)  barrier.

Question 19

When did the majority of anticolonial and independence movements occur? Why did they occur then? In your answer, identify three strategies commonly used to gain national independence and explain how external forces often contributed to the quest for independence.

Accepted Answer

The answer of When did the majority of anticolonial and...

Question 20

The small town of Togotala, Mali, cannot produce enough food for its population through agriculture due to its harsh climate that brings regular drought and three months of torrential downfall that causes soil erosion. What is true of this town?

Accepted Answer

A)  Merchants send remittances to support their families and community. 
B)  Togatala does not receive any benefits of a global economy. 
C)  It lacks a primary school, running water, and health care. 
D)  It is dependent on development assistant from the Malian government.

Exam 11: The Global Economy