Modern Liberalism: Reaction to Free-Market Capitalism and Expanded Freedom (Edexcel A-Level Politics): Quizzes
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13 questions from this quiz
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Practise the questions
13 questions from this quiz
In which period did modern liberalism develop?
In which period did modern liberalism develop?
Late 19th & early 20th centuries
What type of state do modern liberals support?
What type of state do modern liberals support?
Interventionist or enabling state
What capacity do modern liberals believe individuals possess?
What capacity do modern liberals believe individuals possess?
Altruism
What does positive freedom recognise as a threat to liberty?
What does positive freedom recognise as a threat to liberty?
Social disadvantage & inequality
Who challenged classical economic thinking on self-regulating markets?
Who challenged classical economic thinking on self-regulating markets?
John Maynard Keynes
According to Keynes, what does government spending act as in the economy?
According to Keynes, what does government spending act as in the economy?
An injection of demand
What determines economic activity according to Keynes?
What determines economic activity according to Keynes?
Aggregate demand
Why do modern liberals view the welfare state as essential?
Why do modern liberals view the welfare state as essential?
To promote social justice
What type of taxation do modern liberals advocate for?
What type of taxation do modern liberals advocate for?
Progressive taxation
Why must capitalism be regulated according to modern liberals?
Why must capitalism be regulated according to modern liberals?
Prevent exploitation & protect environment
What did Keynes recommend during high unemployment?
What did Keynes recommend during high unemployment?
Reflate economy via spending/tax cuts
What were the 'five giants' in the Beveridge Report (1942)?
What were the 'five giants' in the Beveridge Report (1942)?
Want, disease, ignorance, squalor, idleness
What is Rawls' 'difference principle'?
What is Rawls' 'difference principle'?
Inequalities should benefit least well-off