Chapter 07

Instructions

Choose your answers from a-d by clicking the radio button next to each choice and then press 'Submit' to get your score.

Question 1

Absolute economic decline is indicated by which one of the following ways?

a) A failure of the economy to match the levels of economic growth attained by its competitors

b) The shrinkage of traditional industries within an economy

c) A fall in the living standards provided by an economy

d) Growth of income inequality within an economy

Question 2

At the beginning of the 21^st century, Britain was ranked where in terms of GDP per capita?

a) 2^nd in the EU

b) 4^th in the EU

c) 6^th in the EU

d) 10^th in the EU

Question 3

Correlli Barnett advanced which of the following views on Britain's economic performance?

a) An explanation of Britain's relative economic decline focusing on 'post-Suez malaise'

b) An explanation of Britain's relative economic decline focusing on relations between finance and industry

c) An explanation of Britain's relative economic decline focusing on the failure of the British state to intervene in economic management

d) An explanation of Britain's relative economic decline focusing on cultural factors

Question 4

Eric Hobsbawm puts particular emphasis upon which of the following factors as an explanation for Britain's relative economic decline?

a) Institutional weakness

b) Empire

c) The management of British industry

d) Cultural factors

Question 5

An area with Objective One status is best defined as one which…

a) …has a large rural sector to its economy which needs support.

b) …has need of substantial investment in infrastructure.

c) …has particular needs to modernize its education, training and employment policies.

d) …has a much lower GDP than the EU average.

Question 6

A 'developmental state' is best defined as?

a) A state which is in a transitional state between an industrial and a post-industrial economy

b) A state which regards its primary role as developing human capital

c) A colonial or post-colonialist state which favours economic development in the developing world

d) A state which intervenes in the economy to promote long-term economic growth

Question 7

Which of the following institutions would be identified as a contributor to Britain's poor economic performance in the 'overload' thesis?

a) The City of London

b) The British education system

c) Corporatist institutions

d) None of the above

Question 8

Will Hutton makes which one of the following arguments in respect of Britain's economic performance?

a) Britain's economic difficulties stem from a financial sector which is too heavily regulated

b) Britain's economic difficulties stem from politicians manipulating the economy for electoral gain

c) Britain's economic difficulties stem from a lack of long-term investment in industry

d) Britain's economic difficulties stem from trade unions which have encroached on managerial prerogatives

Question 9

Andrew Gamble makes which one of the following arguments in respect of Thatcherism?

a) The hallmark of Thatcherism was the inconsistent way in which it implemented its policies

b) Thatcherism was a form of 'conviction politics'

c) Thatcherism was an attempt to modernize the British economy on post-Fordist principles

d) There was a tension in Thatcherism between economic liberalism and social conservatism

Question 10

'Beer and sandwiches' refers to which of the following practices?

a) The tendency of the British state to rely on mechanisms of 'club government' until the 1980s

b) The tendency of British Prime Ministers to hold informal economic seminars in No. 10 Downing Street

c) The tendency for lengthy and protracted negotiations between the Prime Minister and Chancellor in the run up to the Budget.

d) The tendency of the British state to seek consensus with the representatives of organised labour

Oxford University Press, Online Resource Centre, Chapter 07.

Chapter 07

Instructions

Question 1

Question 2

Question 3

Question 4

Question 5

Question 6

Question 7

Question 8

Question 9

Question 10