econsoc
Cards (116)
- what theory argues that people socialize because they want to exchange?
- this social institution circulates the ideas of consumer capitalism, individual empowerment, self-interest, and consumer choices which encourages their political choice.
- it is one of the Basic Policy Prescriptions of the Washington Consensus wherein the country must impose tariffs so that there will be unlimited import with tax.
- according to Pierre Bourdieu, this term refers to reality being taken for granted and the absorption of resources, rules, and mental structure.
- He criticized Modernization Theory in its ideologies; he said that it is ethnocentric particularly western-centered and justifies Western colonialism
- the difference between Keynesian Economics and Dependency Theory is their focus; KE focuses on ________, while DT focuses on __________.
- it refers to an institution (such as the World Bank) or an organization (such as the United Nations) that is financed by a lot of countries.
- who said that cruel optimism pertains to people not solely dictated by structure, but they have agency to maneuver the structure?
- it is one of the symbols of development and social positioning wherein empowerment is by demanding more from the local government and discouraging dependency on external forces.
- In an article by Colin Leys entitled ''The Rise and Fall of Development Theory,'' Toye received criticism for his tendency to criticize without offering solutions, or when his proposed solution lacks a solid foundation in addressing the problem. What is the name of this term?
- ntee its success. What economic concept highlights the importance of consumers' willingness and ability to purchase a good or service at a given price which ultimately drives production and boosts employment?
- Some developing countries claim there's an unfair system in international trade where developed countries can buy their raw materials for cheap and then process them into finished goods that they sell for a much higher price. What theory argues that developing countries end up getting a smaller and smaller share of the overall profit from trade over time?
- If a government wants to reduce inflation or cool down a rapidly growing economy, what type of fiscal policy would they implement, characterized by decreased spending and/or increased taxes?
- Which of James Scott's books examines alternative food strategies employed by some societies and potentially challenges the idea that rice was invented solely for state control?
- If Marx had a revolutionary view about social change, Durkheim on the other hand thought of it as ___________.
- It is like a muscle memory, you can do things without even thinking about it. Your practices are affected by this.
- Which concept refers to the increase in poverty as a direct consequence of development projects, contrary to their intended purpose of economic development?
- What term describes the economic activities within a household which includes the allocation and management of resources among its members?
- Expanding the tax base to enable the state to repay its debt, referred to as one of the bitter pills.
- An approach to developing a state’s own based industries, creating a local market rather than importing
- Social Prestige or recognition, based on formal proofs, like academic qualifications or professional orders.
- What developmental approach centers on human experiences and capabilities. It emphasizes the importance of freedom and opportunities for people to live the lives they value?
- It is a concept by Bourdieu which states that actions are based not just on rules and resources but also on the emotional/mental structure.
- What aspect of society did Durkheim emphasize rather than the economy, pointing out its dependence on social differentiation?
- Capitalism will self-destruct in the long run due to _________.
- According to George Simmel, there is no social relation if there is no _________
- they analyze humans based on the market but do not go beyond the logic of the market. it is also considered as homo economicus.
- swidden agriculture is also known as _________.
- these are the countries who possess a disproportionately small share of the world's wealth. they have weaker state institutions, and are often dependent on more developed nations.
- When private companies import goods and services to foreign countries, they are required to pay tariffs to the government; otherwise, failure to comply leads the imported items to be _____.
- according to marx, the power lies within the ________ of production.
- The law of supply says that when prices increase, companies see more profit potential and increase the goods and services. The law of demand states that as prices increase, customers buy less. However, without _____ before its phrase, it cannot be recognized as law.
- In the Age of High Mass Consumption, economic aspirations are satisfactory met leading to high birth rates, can allocate social welfare and security for the child, and larger families while in the stage of Take-off, there is a decline of birth rates due to _____ economic aspirations of the people and bearing and raising children is seen as burden by the society.
- A _____ solely relies on a unilineal macro level of analysis and is not a critic of development.
- The concept of Cultural Capital encompasses both _____ assets that individuals possess and can convert into economic capital.
- The concept of Cultural Capital encompasses both _____ assets that individuals possess and can convert into economic capital.
- Take-off stage in Rostow's Stages of Economic Growth involves the adoption of the _____ where landowners purchase the labor power of peasants to plant crops for them.
- If Karl Marx is optimistic about revolutions, Max Weber is pessimistic about social change due to _____.
- Tautological or circular arguments is one of the weaknesses of Talcott’s theory because it is already _____. One of its examples is: apple is red because it's red.
- In market logic, the market maximizes the _____ while minimizing the cost.