Question

7) Two main components of human capital are:

a. Monetary policy and fiscal policy

b. Financial capital and social capital

c. Education and health

d. State and market

8) The welfare state that emerged in the Twentieth Century is based on which of the following principles?

a. The United States had fared well and should be emulated

b. The state should serve economic and social functions to maintain the population's welfare

c. People who are on welfare are abusing the system and they should compete in the labor market

d. The elderly and vulnerable should look primarily to private actors for support

9) The idea that cultural change led to the rise of welfare states follows which kind of logic?

a. Lack of effort on the part of welfare recipients gave rise to a permanent underclass

b. After World War II, Communism and fascism gave way to liberal welfare states

c. Over time, people increasingly saw the state as an actor that could resolve social problems

d. As one moves from tropical areas to temperate zones, cultures show more solidarity