Which of the following correctly describes neoliberalism?
a. The belief that American style representative democracy is the best form of government for all people.
b. The belief that government should provide a social net for all citizens.
c. The belief that major industries serve a country best if their ownership is socialized.
d. The belief that the laws of a nation should apply equally to all its citizens.
e. The belief that governments should be small and should promote free trade, and individual initiative.
Question 2
Which of the following best characterizes the history of development projects in the years since independence?
a. They have generally not been successful.
b. After a poor start, their success improved dramatically in the mid 1960s.
c. They were highly successful until the end of the Cold War but have generally failed since that time.
d. They have been highly successful in Latin America and Africa but failed elsewhere in the world.
e. Though there have been a few failures, development efforts have generally been highly successful.
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