State-Managed Capitalism and Mixed Economy(Anthony Crosland) (Edexcel A-Level Politics): Quizzes
📚Quizzes
Practise the questions
12 questions from this quiz
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Practise the questions
12 questions from this quiz
What are the two main tools in Keynesian economics for managing the economy?
What are the two main tools in Keynesian economics for managing the economy?
Government spending & interest rates
What does state-managed capitalism maintain whilst regulating the economy?
What does state-managed capitalism maintain whilst regulating the economy?
Private ownership & market competition
What Marxist idea did Crosland reject?
What Marxist idea did Crosland reject?
That capitalism would inevitably collapse
How did Crosland believe socialist objectives could be achieved?
How did Crosland believe socialist objectives could be achieved?
By reforming capitalism through state action
Which sectors did Crosland believe the state should control for public welfare?
Which sectors did Crosland believe the state should control for public welfare?
Healthcare, education & transportation
What was Crosland's position on widespread nationalisation of industries?
What was Crosland's position on widespread nationalisation of industries?
He did not advocate for it
Why did Crosland view full employment as essential?
Why did Crosland view full employment as essential?
Economic stability & reducing poverty
According to Keynesian economics, when is government intervention especially necessary?
According to Keynesian economics, when is government intervention especially necessary?
During economic downturns
What universal social benefits did Crosland advocate through the welfare state?
What universal social benefits did Crosland advocate through the welfare state?
Healthcare, education, housing & income support
What taxation method did Crosland believe should fund social programmes?
What taxation method did Crosland believe should fund social programmes?
Progressive taxation
When did the Third Way emerge under Tony Blair's leadership?
When did the Third Way emerge under Tony Blair's leadership?
1990s
What approach did the Third Way promote for delivering public services?
What approach did the Third Way promote for delivering public services?
Public-private partnerships