Lesson 10 Multiple Choice
The welfare perspective is that the government can and should provide for the material and intellectual well-being of its people by ____ the economy
controlling and directing
To redistribute money is
where the government tries to take the money from the rich people and give it to the poor.
Proponents of socialism believe that all they need is education, leadership and organization to create a ___ here on earth.
Utopia
Who was Karl Marx?
a German economist who called his form of socialism, communism. He is the man who is most famous for his ideas on communism.
St Augustine wrote ___ to explain how our lives are ultimately lived amidst a battle between Christianity and Atheism.
The City of God
The Bible teaches it's the responsibility of the ___ to provide charity.
church and individuals
WPA stands for
Works Progress Administration
Economic calculation is impossible in a socialist economy ___ will inevitably misallocate a nation's land, labor and capital because they deny the role of the individual consumer and importance of the market especially it's freedom.
Central planners
Consequences of communism
- primitive technology
- Poor living conditions
- Police State
-Labor Camp System
- Execution Squads
What is the way Christians can push back interventionism?
Be involved in the political process
Speak into local issues
Exercise dominion in our families
In regard to those who have money taken from them for redistribution, it's a violation of the
8th Commandment
What is a subsidy?
money often given from a government
___ are consistently seen in socialist communist countries.
Extensive police forces, prison camps, and execution squads
revolutionary socialism
occurs by making swift radical changes
___ is a prime example of a communist country that is being converted to Christianity and is also embracing free markets.
China
___ taxes increase the percentage of tax someone must pay simply because they have a higher income.
Progressive
What is the welfare perspective
the government can and should provide for the material and intellectual well-being of its people by controlling and directing the economy.
MOM NOTE- this is bad
___ seeks to put external controls on people and industry via endless rules and laws.
Regulation
gradual socialism
takes generation to slowly strangle a nation
Effects of communism on North Korea
Harder rules and more intervention
Top twenty worst off
Christianity is considered more of a sin
In corporatism, the ____ replaces the entrepreneur in determining where and how to use capital
bureaucrat/ politician
Three Biblical reasons welfarism is wrong
1. It does not believe there is real scarcity and a curse on the ground
2. It sees wealth as something that just exists and so must be evenly distributed
3. Ultimately the government can tell the individual how much he can keep of his own property
Government intervention moves toward socialism gradually through small but ongoing incursions into ___
individual liberty and business freedom
How can the government get money
They have three ways
Taxing
Barrowing
Or printing it from the federal reserve.
Effects of capitalism on South Korea
Is doing very well
Top twenty best nation
Christianity is lush