Other questions in this quiz

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

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

3. George Ritzer came up with what idea to help explain Fordism and his idea of Neo-Fordism?

  • Taylorism
  • Periodisation
  • Mcdonaldisation
  • Mass production

4. What is the 'Invisible hand'?

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

5. Fordism was an era all about what?

  • Lower wages
  • Mass Employment
  • Less state involvement
  • Higher tax rates

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