12. Mercantilism is a) an early form of socialism characterized by the dominance of merchant class. b) an early form of

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12 Mercantilism Is A An Early Form Of Socialism Characterized By The Dominance Of Merchant Class B An Early Form Of 1 (51.74 KiB) Viewed 74 times

12. Mercantilism is a) an early form of socialism characterized by the dominance of merchant class. b) an early form of capitalism characterized by extreme protectionism c) an early form of capitalism characterized by pure gold and silver standard and monopolies. d) an early stages of Mao's revolution where peasants were considered the spearheads of the revolution e) both band care correct 13. Tiananmen Square events occurred a) during Deng Xiaoping period b) during Mao's reign c) during Xi Jinping period d) during Jiang Zemin period. e) and were actively financed by Stalin. 14. The labor market in the Japanese economy a) has fewer labor unions than US b) has paternalistic attitude towards labor c) has lower level of foreign workers. d) all are correct. e) both b and care correct 15. Subcontracting in Japan: a) is a modern version of Say's Law b) is a modern version of mercantilism c) is a modern version of putting-out system" d) is a modern version of indicative planning. e) none of the above. 16. Wage solidarism a) is equalizing wages across firms and skill and seniority levels in Sweden b) is the idea of paying everybody the same wage c) is the idea of favoring seniors as a reward to their loyalty in Japan d) is the idea of supporting wages of state employees in Russia. e) is solidarity between the agricultural and industrial workers in USSR. 17. Ideological disruption impeded economic growth in China during the late 1960s. This period was known as a) the Cultural Revolution b) the cult of personality. c) the Meiji Restoration d all of the above.