GGR 112 Exam with 100% correct solutions 2024

Imaginative geographies correct answers"Representations of other places - of peoples and landscapes, cultures and „natures‟ - that articulate the desires, fantasies and fears of their authors and the grids of power between them and their „Others‟." Discourse correct answers"a set of terms and arguments about the nature of reality that are tied together in a narrative that systematically shapes the reality it purports to describe" 2 essential features of capitalism correct answerscapital-labour relation, constant drive for accumulation Capital Labour Relation * correct answersThere is a capitalist class (owns means of production) and labour class (owns only one labour power). Capitalist class extracts surplus value created by labour class. 2 types of capitalist expansion correct answers"extensive expansion: new territories, intensive expansion: new sectors previously not subject to the laws of capitalism (competition correct answers for profits, etc.)" correct answers Globalisation correct answers""A big buzzword in political speech and a ubiquitous analytical category in academic debate, globalization operates today rather like modernization did in the mid-twentieth century as the key term of a master discourse about the general state of the world." and """a qualitatively new stage in the history of world capitalism" " correct answers Neoliberalism correct answersNeoliberalism is a policy model of social studies and economics that transfers control of economic factors to the private sector from the public sector. It takes from the basic principles of neoclassical economics, suggesting that governments must limit subsidies, make reforms to tax law in order to expand the tax base, reduce deficit spending, limit protectionism, and open markets up to trade. It also seeks to abolish fixed exchange rates, back deregulation, permit private property, and privatize businesses run by the state. Neoliberalism Policies * correct answerslaissez-faire: less government intervention, less regulation (in finance, labour, environment, etc.) efficiency: maximise cost-benefit ratio & profits free trade: comparative advantage, HecksherOhlin model Race to the bottom