A New World Order (Grade 12 NSC Matric History): Quizzes

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Global Capitalism and Emerging Markets
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What did the IMF & World Bank advocate after the Cold War ended?

Neo-liberal policies & globalisation

In what year was the World Trade Organisation (WTO) established?

1995

Which is NOT a pillar of the neo-liberal policy framework?

Increased state ownership

What did anti-globalisation critics fear about cultural impact?

Erasure of local cultures

How did Malaysia respond to IMF advice during the 1997 crisis?

Rejected it & used capital controls

When did the Tiananmen Square crackdown occur in China?

June 1989

What did India continue investing in after lifting trade restrictions?

Roads & education systems

What was the outcome of Russia's neo-liberal experiment?

Ended in failure with corruption

When did South Africa officially join BRICS?

24th December 2010

What do BRICS members believe will happen by 2032?

They'll overtake 6 largest West economies

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