What Is Neoliberalism

question 24

Multiple Choice

What is neoliberalism?

• A) The idea that all humans in a free nation deserve certain basic rights, such as education and health care
• B) The economic policy that supports free (unregulated) markets and the privatization of state welfare provisions
• C) The political position of the far left in the post-millennial age
• D) This refers to all liberation movements that occurred after 1960, including women's liberation, black liberation, and rebellions against colonial powers.

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Definitions:

Customs

The official department that administers and collects the duties levied by a government on imported goods, as well as the traditions and accepted practices within a society.

National Industrial Recovery Act

A law passed in 1933 as part of the U.S. New Deal to stimulate economic recovery, establish fair competition, and reduce unemployment.

Unconstitutional

An action or legislative act that is deemed to be in violation of the constitution of a country.

Labor Unions

Organizations formed by workers to protect their rights and interests through collective bargaining with employers.