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Category: POL223

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POL223

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A. In a capitalist society _________ is bigger between actual economic surplus and potential economic surplus

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B. Which of these is not among the motivations of multinational corporations?

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C. __________ constitutes the decisive factor of the production process

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D. Lenin described imperialism as _________ stage of capitalism

5 / 50

E. The 17th century globalization was in form of ________

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F. King Leopold of Belgium is said to have reduced the population of Congo to 10 million from ________ million within a decade

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G. _________ first argued that the national wealth was maintained not through the accumulation of gold and silver but through the capital and goods, they could buy

8 / 50

H. Contemporary globalization is said to be _________ based

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I. In the international capitalist division of labour manufacturing is monopolized by ___________

10 / 50

J. Marx believed that the class conflict between the capitalist and proletariat would lead to ________

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K. ________ was the first European colonial power in Africa

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L. Another name for the International Bank for Reconstruction and Development is ___________

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M. Ander Gunder Frank maintained that the developed capitalist countries were never underdeveloped rather they were at a point __________

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N. ________ exploits the metropolitan centre of the underdeveloped country

15 / 50

O. Internationalisation of knowledge; open policies with respect to international trade are said to be examples of mechanisms of ____________

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P. Nkrumah conceived _________ as the embodiment of Clientele sovereignty or fake independence

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Q. Ander Gunder Frank held there is no _________ rather what exists as such are simply sector of global capitalist economy

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R. IMF, World Bank, GAAT are examples of ________

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S. ________ is regarded as the long-term direction of all social change

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T. The establishment of IMF was based on the suggestion of _________

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U. The British colonization of Nigeria began with the conquest of ________

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V. Critics maintain that emergent international monetary system exist to respond to the needs and policies of world ________

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W. The First Afro-Asian and Latin American People’s Solidarity Conference was held in 1966 in the city of ______

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X. _____________ outlined five stages which societies pass through on their way to development

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Y. What is regarded as periphery in the dependency theory is also known as _________

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Z. The development which meets the needs of the present without compromising the ability of future generations to meet their own needs is known as _________

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AA. Colonialism was considered as the logical consequence of the end of __________

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AB. __________ held that the national metropole also exploit the national satellite

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AC. Taubman Goldie's strategy for eliminating Africans from the lucrative trade in the Niger Delta was through ___________

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AD. ________ exercise political power in neo-colonial states

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AE. ___________ argued that one of the contradictions of capitalism is that while the surplus is produced by many it is appropriated by few

32 / 50

AF. Nkrumah defined _______ as the last stage of imperialism

33 / 50

AG. Business conglomerates that have their operations across national boundaries are called _______________

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AH. _________ is regarded as religion without a god

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AI. Man's inclination to injustice makes democracy __________

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AJ. The owners of the means of production, that is, the propertied class in a capitalist society are called ___________

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AK. ________ is regarded as the foreign political domination and subordination of oversea territories for effective economic exploitation

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AL. The end of the ___________ resulted in the first international monetary system

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AM. Which of the following is not among the indicators of development

40 / 50

AN. Intellectual precursors of classical political economy includes all but one, namely?

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AO. Globalization of capital is said to date back to the _________ era

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AP. The first international monetary system was based on ________ and _________

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AQ. The second trend in the understanding of developement focused on ________

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AR. Prior to 1960 which currency was upgraded as gold for reserve currency?

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AS. The conclusion that each historical epochs contains clashing forces or dialectics from which new epochs emerged was arrived at by _______

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AT. According to Karl Marx, all commodity value is determined by ________

47 / 50

AU. The drive to accumulate _________ is responsible for exploitation of the satellite by the metropole

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AV. The bloody, one-sided war to enthrone and sustain imperialism was described by Otto Von Bismarck as _______

49 / 50

AW. The economic strategy underlying the relationship between colonies and colonizers during this era of classical imperialism is regarded as ________

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AX. Ander Gunder Frank maintained that economic development in the periphery can only occur independent of __________

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