Which of the following concepts are commonly associated with Neoliberalism?DeregulatingAll of the aboveShrinkingHollowing
Question
Which of the following concepts are commonly associated with Neoliberalism?
- Deregulating
- All of the above
- Shrinking
- Hollowing
Solution
Neoliberalism is an economic and political paradigm that emphasizes the value of free market competition. The concepts commonly associated with neoliberalism include:
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Deregulating: Neoliberalism advocates for the reduction of governmental regulations and interventions in the economy, promoting a more free-market approach.
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Shrinking: This refers to the idea of reducing the size and scope of government, particularly in sectors like welfare and public services, in favor of private sector solutions.
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Hollowing: This term can describe the process where the state relinquishes control or ownership over essential services and industries, leading to a decrease in state functions.
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All of the above: Since deregulating, shrinking, and hollowing are all aspects of neoliberalism, this option encompasses all the other concepts mentioned.
Given these explanations, the correct answer would be All of the above as it incorporates the full spectrum of neoliberal ideologies.
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