Question
Which of the following are characteristics of a Neoliberal political-economic approach?
Group of answer choices
Support for unions
Decreased social housing
Decreased corporate taxation
Reduced governmental regulation
Increased social welfare supports
Group of answer choices
Support for unions
Decreased social housing
Decreased corporate taxation
Reduced governmental regulation
Increased social welfare supports
Answers
GPT-4o mini
Neoliberal political-economic approaches typically include the following characteristics:
1. **Decreased social housing** - Neoliberalism often emphasizes market solutions and privatization, which can lead to reduced government investment in social housing.
2. **Decreased corporate taxation** - Neoliberal policies generally advocate for lower taxes on corporations to stimulate investment and economic growth.
3. **Reduced governmental regulation** - Neoliberalism usually promotes the idea that less government regulation can spur innovation, competition, and efficiency in the market.
In contrast, the following options are not typically associated with a neoliberal approach:
- **Support for unions** - Neoliberal policies often seek to weaken labor unions and collective bargaining in favor of market flexibility.
- **Increased social welfare supports** - Neoliberalism generally advocates for reduced government spending on social welfare programs, preferring market-based solutions.
Based on these explanations, the characteristics of a Neoliberal political-economic approach from the options provided would be:
- Decreased social housing
- Decreased corporate taxation
- Reduced governmental regulation
1. **Decreased social housing** - Neoliberalism often emphasizes market solutions and privatization, which can lead to reduced government investment in social housing.
2. **Decreased corporate taxation** - Neoliberal policies generally advocate for lower taxes on corporations to stimulate investment and economic growth.
3. **Reduced governmental regulation** - Neoliberalism usually promotes the idea that less government regulation can spur innovation, competition, and efficiency in the market.
In contrast, the following options are not typically associated with a neoliberal approach:
- **Support for unions** - Neoliberal policies often seek to weaken labor unions and collective bargaining in favor of market flexibility.
- **Increased social welfare supports** - Neoliberalism generally advocates for reduced government spending on social welfare programs, preferring market-based solutions.
Based on these explanations, the characteristics of a Neoliberal political-economic approach from the options provided would be:
- Decreased social housing
- Decreased corporate taxation
- Reduced governmental regulation