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Discuss characteristic of a capitalist economy

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Reference no: EM131716318

Question 1
The expansion of a concept, business, idea, etc. to encompass the whole world is called
Universality
Imperialism
Monopoly
Globalization

Question 2

To be successful, capitalism depends on

The overproduction of goods
The creation among consumers of the desire for more goods
Consumers have discretionary income
Consumers have leisure time
All of the above

Question 3

U.S.-based corporations such as Nike, Inc. practice imperialism (in the Marxist sense) by
Having its headquarters in a first-world country
Utilizing low-paid labor forces in other countries to minimize production costs
Having a larger percentage of the market share than Under Armour has
Constantly introducing new product lines

Question 4

A viewer who performs an oppositional reading of an advertisement might
Believe some, but not all, of the claims made by the advertisement
Purchase the product being advertised
Change the channel on the TV as soon as the commercial begins
Believe the product possesses all of the positive qualities described in the advertisement

Question 5

Online advertisers often make viewers want to watch their commercials repeatedly (and even forward them to friends) by blurring the lines between advertising and
Politics
Infomercials
Journalism
Entertainment

Question 6
The status of "originality" in the Postmodern era is
Pastiche is very uncommon
We can expect to continue to see things unlike anything we've seen before
Movies, TV, art, and other images remake and retell stories, reevaluating them in light of present conditions
Cultural producers are constantly coming up with completely new ideas

Question 7
Which of the following is NOT a characteristic of a capitalist economy?
Profit is the ultimate goal
Private ownership of the means of production (factories, etc.)
Prices are regulated by the government
Competition between similar products leads to innovation and more affordable prices

Question 8
The term used since the 1920s to describe those media forms designed to reach large audiences is
Cable
News
Mass media
Broadcasting
Radio

Reference no: EM131716318

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