Institutions for Politics and the Economy MCQs

Institutions for Politics and the Economy MCQs

Try to answer these 50 Institutions for Politics and the Economy MCQs and check your understanding of the Institutions for Politics and the Economy subject. Scroll down and let's begin!

1: Autocracy is A form of government in which absolute power is held by ______

A.   One person

B.   Single Team

C.   Single Group

D.   Committee

2: An economic system in which the means of production are privately owned is called as

A.   Socialism

B.   Communism

C.   Capitalism

D.   Economical

3: Authority based on the extraordinary personal qualities of a leader and the resulting devotion of his or her followers is known as _____ domination.

A.   Tradition

B.   Charismatic

C.   Legal

D.   Rational

4: A conflict theory perspective that argues that the economic elite are able to dominate society because of their power over the workings of the economy is known as Class Domination Theory.

A.   True

B.   False

5: An economic system in which the state determines the type, quantity, and price of goods to be produced is called _____.

A.   Command economy

B.   Market economy

C.   Free market

D.   Mixed economy

6: The practice of spending money for the purpose of demonstrating or enhancing social prestige is called as

A.   Conspicuous Consumption

B.   Conspicuous leisure

C.   Inconspicuous consumption

D.   Inconspicuous leisure

7: A network composed of the directors, partners, and managers of various profit-seeking enterprises is called as

A.   Corporate Community

B.   Non corporate Community

C.   Associate Community

D.   Business Community

8: Government by the people is also known as

A.   Bureaucracy

B.   Democracy

C.   Republic

D.   Dictatorship

9: A form of socialism in which the state controls public utilities is called as

A.   Republic Socialism

B.   Dictatorship Socialism

C.   Democratic Socialism

D.   Libertarian socialism

10: A type of government in which citizens directly control the entire political process is known as

A.   Bureaucracy

B.   Direct Democracy

C.   Republic

D.   Dictatorship

11: The ability of a group or an individual to overcome the opposition of others in order to achieve his or her goals is called as

A.   Distributive Power

B.   Unit Power

C.   Collective Power

D.   All of above

12: The idea of Divine Right of Kings is king was given his power by His People

A.   True

B.   False

13: A system of producing and consuming goods and services is called as

A.   Business

B.   Economy

C.   Trade

D.   All of these

14: A conflict theory perspective that sees power as consolidated in the hands of a small group of people is called as

A.   Group Theory

B.   Pluralist Theory

C.   Elite Theory

D.   Public Theory

15: An authoritarian system of militaristic nationalism is called as

A.   Communism

B.   Totalitarianism

C.   Socialism

D.   Fascism

16: The system of mass production of standardized is known as

A.   Communism

B.   Fordism

C.   Socialism

D.   Fascism

17: Power exercised without the support of the community is called ______ Power.

A.   Coercion

B.   Illegitimate

C.   Both of these

D.   None of these

18: Systematic transformation of an economy from agricultural production to the manufacturing of finished goods is called as

A.   Development

B.   Industrialization

C.   Socialization

D.   Urbanization

19: A form of capitalism in which markets are not subject to regulation by the state is called as

A.   Classical liberalism

B.   Laissez-Faire Capitalism

C.   Classical Capitalism

D.   Laissez-Faire liberalism

20: Power exercised in a manner that is supported by the community, which is also called authority.

A.   Coercion

B.   Illegitimate

C.   Legitimate

D.   None of these

21: A type of government in which the state is headed by some sort of individual sovereign is known as

A.   Bureaucracy

B.   Democracy

C.   Monarchy

D.   Oligarchy

22: A type of government in which power is held by a small group of elites is called as

A.   Bureaucracy

B.   Democracy

C.   Monarchy

D.   Oligarchy

23: A structural functionalist theoretical perspective that sees the political system as a struggle is known as

A.   Plutocracy

B.   Policy

C.   Pluralism

D.   Power

24: A type of oligarchic government in which power is held by the economic elites is called as

A.   Plutocracy

B.   Democracy

C.   Monarchy

D.   Oligarchy

25: A network of individuals and institutions that develop and advocate for social policy reforms that will advance their funders’ interests is called as

A.   Policy-Planning Network

B.   Planning-Policy Network

C.   Policy Network

D.   Planning Network

26: The shift away from mass production of large quantities of identical products toward the production of smaller quantities of products is known as

A.   Neoliberalism

B.   Globalisation

C.   Pre-Fordism

D.   Post-Fordism

27: Authority based on occupying a legally defined position is called as

A.   Legal Domination

B.   Rational Domination

C.   Rational-Legal Domination

D.   Legal-Rational Domination

28: A type of government in which citizens vote to elect a group of representatives is known as

A.   Representative Democracy

B.   Representative Bureaucracy

C.   Representative Monarchy

D.   Representative Oligarchy

29: Routinization of Charisma is A process by which power is transferred from a charismatic leader to a system based on

A.   Traditional domination

B.   Rational-legal domination

C.   A and B

D.   Either A or B

30: Agreement by the people to give up certain individual rights to the state in exchange for protection and other benefits is called as

A.   Natural rights

B.   Social Rights

C.   Divine right

D.   Social Contract

31: An economic system in which the means of production are collectively owned, and economic activity is driven by a desire is called as

A.   Communism

B.   Totalitarianism

C.   Socialism

D.   Fascism

32: A human community that successfully claims the monopoly of the legitimate use of physical force within a given territory is called as

A.   Country

B.   Community

C.   Territory

D.   The State

33: The conditions of life that existed before the development of the state or any other form of civil society is called as

A.   State of Nature

B.   State of war

C.   State of warDevelopment

D.   State of Society

34: Social, political, and economic life is known as

A.   Communism

B.   Totalitarianism

C.   Socialism

D.   Fascism

35: Traditional Domination is Authority based on custom or tradition.

A.   True

B.   False

36: What agreement best describes the social contract?

A.   An agreement in pre-industrial times between clan leaders and families to share food and other resources

B.   An agreement between individuals and a ruling authority to cede a portion of their land or profit in exchange for a common identity

C.   An agreement between rival factions to end violence in pursuit of expanded territory

D.   An agreement between individuals and a ruling authority to give up certain rights in exchange for protection

37: In a plutocracy, power is held by ______.

A.   Economic elites

B.   The people

C.   One individual

D.   Religious leaders

38: Theoretically, under what economic system does the state become unnecessary?

A.   Socialism

B.   Democratic socialism

C.   Capitalism

D.   Communism

39: According to the pluralist perspective, what is the role of the state in governance?

A.   The state represents the current majority interest and works to maintain stability and egalitarianism.

B.   The state represents minority interests and seeks to decrease wealth inequality.

C.   The state serves as a neutral forum for competing groups and interests to express their preferences.

D.   The state serves as a battleground for the dominant class (elites) to advance their interests.

40: Activist Mahatma Gandhi led a successful campaign for India's independence from British rule, and inspired many civil rights movements around the world. His legitimacy to lead was derived from ______.

A.   His personal qualities

B.   His elected position

C.   His family dynasty

D.   His religious background

41: What term refers to the systematic transformation of an economy from primarily agricultural to manufacturing-based?

A.   Mechanization

B.   Industrialization

C.   Internationalization

D.   Globalization

42: The influential decision-makers described by C. Wright Mills as the power elite are made of up the corporate elite, the political elite and the ______.

A.   Military elite

B.   Social elite

C.   Educational elite

D.   Religious elite

43: The House of Romanov reigned in Russia from 1613 to 1917. This claim to power based mostly on history and unquestioned authority is an example of what type of legitimate state power?

A.   Charismatic domination

B.   Traditional domination

C.   Religious domination

D.   Rational-legal domination

44: Militarism, nationalism, and "therapeutic" violence are components of the economic and political system known as ______.

A.   Socialism

B.   Fascism

C.   Colonialism

D.   Communism

45: In the state of nature described by Hobbes, property, such as one's personal home or farm, belongs to ______.

A.   Anyone who can defend and keep it

B.   The local community

C.   The designated lawful owner

D.   The state

46: The system of governance used in the United States today is ______.

A.   Direct democracy

B.   Majority rule

C.   Representative democracy

D.   Egalitarianism

47: The state, as defined by Weber, is a human community within a defined territory that ______.

A.   Activates and uses physical force

B.   Uses power to control others

C.   Can legitimately use physical force

D.   Recognizes the illegitimacy of physical violence

48: When the United States selects a president and vice president in a constitutionally defined process, the newly elected leaders replace the previous leaders on a scheduled date. This represents what type of power?

A.   Charismatic domination

B.   Traditional domination

C.   Religious domination

D.   Rational-legal domination

49: Michaels' iron law of oligarchy says that eventually, all representative democracies will transform into oligarchies because ______.

A.   Most people want to be told what to do

B.   It is human nature to seize more power

C.   Might makes right in modern society

D.   Elected leaders focus most on keeping their jobs

50: A(n) ______ is created when an individual consolidates absolute political control, and a(n) ______ attempts to control every aspect of social, political, and economic life.

A.   Oligarchy; autocratic state

B.   Democratic state; totalitarian state

C.   Totalitarian state; oligarchy

D.   Autocratic state; totalitarian state