Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

These 5 questions come from t he global economy and development Q1. Which of the following DOES NOT describe how shock doctrine unfolded in Puerto

These 5 questions come from the global economy and development

Q1.Which of the following DOES NOT describe how shock doctrine unfolded in Puerto Rico after Hurricane Maria, according to Villanueva & Cobian?

Select one:

a.Most of reconstruction funds received in the first year after Hurricane Maria were granted in contracts to US based companies

b.Puerto Rico's strong welfare system and history of racial equity were bases of broad public concern and strength in efforts to resist disaster capitalism

c.People who may have organized opposition to disaster capitalism agendas were already too overwhelmed with the trauma and disaster, making it hard to keep up with these changes

d.Radical profit-seeking measures, tax cuts and the gutting of public assets was being implemented too fast

e.Resistance has been met by a police state determined to quash all frictions to capital mobility and accumulation

Q2.Which of the following IS NOT one of Milton Friedman's justifications for the rollback of the New Deal, the welfare state and "big government"?

Select one:

a.Governments must remove all rules and regulations preventing people from wealth accumulation

b.Governments must sell off any assets they own so corporations can run a profit from them

c.Government budgets become sources of bureaucratic power that unfairly compete with markets

d.Corporations should be free to sell their products anywhere in the world without government protections

e.Governments should dramatically cut back funding of social programs

Q3.The coups in Indonesia and Brazil differ in what important way, according to Klein?

Select one:

a.Indonesia's rising opposition forced the military to slow its economic plans, while Brazil's put into place a quickly implemented technocratic plan

b.Castello Branco brought down the Joo Goulart's government through a CIA-backed coup, while Sukarno was deposed in an alliance between Suharto's military and Indonesia's elite

c.In Indonesia there was a massive campaign of repression that preemptively eliminated resistance, while coup forces in Brazil made little use of the power shock early on

d. The Berkeley Mafia economists in Indonesia were already a part of the government before the coup, whereas in Brazil, US-trained economic reformers had no role in shaping policy prior to the coup

Q4. According to Klein, "the shock doctrine" is used to refer to which of the following?

Select one:

a.Regime change model based on the Shock and Awe military campaign of the US invasion of Iraq

b.The IMF approach to structural adjustment reforms in Latin American countries like Chile during the 1980s

c.The treatment of social crises and ensuing vulnerability as opportunities to further political agendas that enable capitalist growth

d.Frequently observed state-led efforts to privatize public services while citizens are adjusting to processes of regime change.

e.Neoliberal policy reform agendas that ignored the working poor

Q5.How did U.S. wars change after the World Trade Center attacks on September 11, 2001, according to Klein?

Select one:

a.The primary economic role of wars became to generate postwar peacetime booms

b.Many dimensions of the War on Terror became privatized and thus became expanded venues for market accumulation and corporate influence

c.Wars became a new means to open new markets that had been sealed off or less integrated

d.ALL of the other answers are correct.

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access with AI-Powered Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Income Tax Fundamentals 2013

Authors: Gerald E. Whittenburg, Martha Altus Buller, Steven L Gill

31st Edition

1111972516, 978-1285586618, 1285586611, 978-1285613109, 978-1111972516

Students also viewed these Economics questions