* not completed

. ________ is NOT associated with modernization theory.

a) Walter Rostow correct incorrect

b) Talcott Parsons correct incorrect

c) Immanuel Wallerstein correct incorrect

d) Samuel Huntington correct incorrect

e) All of the above are associated with modernization theory. correct incorrect

* not completed

. Development economics was predominantly ________.

a) Keynesian correct incorrect

b) Weberian correct incorrect

c) Marxist correct incorrect

d) Listian correct incorrect

e) Parsonian correct incorrect

* not completed

. Structural adjustment programs were originally promoted by ________.

a) the UN and IMF correct incorrect

b) the World Bank correct incorrect

c) Franklin D. Roosevelt correct incorrect

d) the IMF and World Bank correct incorrect

e) the League of Nations correct incorrect

* not completed

. ________ are those states that consciously fostered more or less successful capitalist development, often benefiting sectors broader than the capitalist classes alone.

a) Capitalist states correct incorrect

b) Neo-colonial states correct incorrect

c) Marxist states correct incorrect

d) Developmental states correct incorrect

e) Neoliberal states correct incorrect

* not completed

. ________ did NOT define the "moment of development."

a) The emergence of the US as the world's dominant power correct incorrect

b) The rise of the Soviet Union and other communist nations as industrial powers correct incorrect

c) The widespread demand for decolonization correct incorrect

d) The global free exchange of goods and services correct incorrect

e) All of the above defined the "moment of development." correct incorrect

* not completed

. The 30-year crisis spanned ________.

a) 1814-1845 correct incorrect

b) 1845-1876 correct incorrect

c) 1914-1945 correct incorrect

d) 1945-1976 correct incorrect

e) 1980-2010 correct incorrect

* not completed

. According to Walter Rostow's "The Stages of Economic Growth," "take-off" occurs when investment reaches ________ of GDP.

a) 5 per cent correct incorrect

b) 10 per cent correct incorrect

c) 20 per cent correct incorrect

d) 30 per cent correct incorrect

e) 40 per cent correct incorrect

* not completed

. During the ________, there was a substantial "boom" in private bank lending to sovereign Third World governments.

a) 1950s correct incorrect

b) 1960s correct incorrect

c) 1970s correct incorrect

d) 1980s correct incorrect

e) 1990s correct incorrect

* not completed

. The correct chronological order in which these major developmental theories emerged is ________.

a) developmental states theory, modernization theory, development economics, dependency theory, Marxism, neo-liberalism correct incorrect

b) development economics, dependency theory, modernization theory, Marxism, neo-liberalism, developmental states theory correct incorrect

c) Marxism dependency theory, development economics, modernization theory, neo-liberalism, developmental states theory correct incorrect

d) development economics, modernization theory, dependency theory, Marxism, neo-liberalism, developmental states theory correct incorrect

e) Marxism, modernization theory, dependency theory, development economics, neo-liberalism, developmental states theory correct incorrect

* not completed

. The "dependentistas" focused on ________.

a) industrialization correct incorrect

b) informal imperialism correct incorrect

c) formal imperialism correct incorrect

d) colonialism correct incorrect

e) nationalism correct incorrect

* not completed

. It generally is agreed that the division of countries into rich and poor began with ________.

a) the emergence of the US imperialism correct incorrect

b) the rise of capitalism, and the colonialism and imperialism that went with it correct incorrect

c) the advent of scientism and modernization correct incorrect

d) ideological rivalry between the West and the East during the Cold War correct incorrect

e) the separation of Church and State correct incorrect

* not completed

. "An Inquiry into the Nature and Causes of the Wealth of Nations" is ________.

a) a project by the World Bank to address inequality correct incorrect

b) a book by Adam Smith correct incorrect

c) a treatise by Karl Marx correct incorrect

d) a policy statement by Keynes correct incorrect

e) a book by Karl Polanyi correct incorrect

* not completed

. Intellectually, development was the product of both the confrontation and interaction between ________.

a) communism and liberalism correct incorrect

b) capitalism and liberalism correct incorrect

c) liberalism and socialism correct incorrect

d) socialism and capitalism correct incorrect

e) capitalism and communism correct incorrect

* not completed

. Capitalist development occurred unevenly, concentrated in some parts of the world, because of ________.

a) colonization and imperialism correct incorrect

b) the Industrial Revolution correct incorrect

c) the advent of neo-liberalism and Washington Consensus correct incorrect

d) the failure of the developing countries to stimulate their economic progress from within correct incorrect

e) the plunder of Africa correct incorrect

* not completed

. According to Talcott Parsons's pattern variables, ________ is a value/institution in a modern society.

a) achievement correct incorrect

b) particularism correct incorrect

c) affectivity correct incorrect

d) diffusion correct incorrect

e) collectivity orientation correct incorrect

* not completed

. Keynesian policies give the government an important role in regulating and restricting markets.

a) True correct incorrect

b) False correct incorrect

* not completed

. Listian industrialization is based on the importance of limited state intervention in the economy.

a) True correct incorrect

b) False correct incorrect

* not completed

. The Great Recession validates neoliberal's faith in free-market economics.

a) True correct incorrect

b) False correct incorrect

* not completed

. German philosopher Hegel saw the state as the only institution capable of correcting and opposing market forces.

a) True correct incorrect

b) False correct incorrect

* not completed

. The idea that all societies can progress or develop became widely accepted with the Industrial Revolution.

a) True correct incorrect

b) False correct incorrect

* not completed

. According to Walt Rostow in his famous text Stages of Economic Growth

a) True correct incorrect

b) False correct incorrect

* not completed

. The narrative of modernization promoted by Parsonian adherents of modernization theory assumes away the history of imperialism.

a) True correct incorrect

b) False correct incorrect

* not completed

. Modernization theorists were influential in US foreign policy-making.

a) True correct incorrect

b) False correct incorrect

* not completed

. Dependency theory overturned the central assumptions of modernization theory.

a) True correct incorrect

b) False correct incorrect

* not completed

. Neoliberalism moved the emphasis of developmental theory away from industrialization.

a) True correct incorrect

b) False correct incorrect

* not completed

. The so-called late industrializers, such as Germany, the US, and Japan, lay in an intellectual and practical critique, of "free trade" and was aided by extensive colonies.

a) True correct incorrect

b) False correct incorrect

* not completed

. Neoliberal thinkers believe that the ills of capitalism could be remedied by the state intervention, centralized planning, and restricting private ownership.

a) True correct incorrect

b) False correct incorrect

* not completed

. Bretton Woods reflects the raise of the capitalist financial institutions.

a) True correct incorrect

b) False correct incorrect

* not completed

. Keynes argued that capitalist failure could be fixed by the developmental state.

a) True correct incorrect

b) False correct incorrect

* not completed

. Development economics was predominantly a neoliberal perspective that saw capitalist crises such as the Great Depression as products of the state intervention in the free of exchange in the market

a) True correct incorrect

b) False correct incorrect