Other questions in this quiz

2. What is the 'Invisible hand'?

  • The idea that the economy will function without state intervention and can regulate itself
  • The idea that the state intervenes to help the economy
  • The economy should be regulated
  • A government strategy to help workers

3. Who was the 5 dollar man from which Fordism got it's name?

  • Henry Ford
  • John Ford
  • George Ford
  • Harry Ford

4. What caused the "Nixon-Shock"

  • The US no longer being pegged to the gold standard
  • The lack of involvement from the state
  • The fall in employment
  • The Wall Street Crash

5. Who came up with and used the idea of Laissez-Faire Capitalism?

  • George Smith
  • Michael Smith
  • Adam Smith
  • John Smith

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