What was NOT a societal implication for Confucius economic thought?

People live more complex and more material lives

In terms of Confucian economic principles, what should the government concentrate on achieving?

C Equitable distribution of income

Complete the following: The lecture demonstrates that modern day China's economy....

...is influenced by a mixture of Legalist and Mo-ist thought

What was NOT a Business implication for Mo-ist economic thought?

Businesses have to pay higher taxes

What was NOT a societal implication for Mo-ist economic thought?

People had pre-determined roles in life

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Chinese Economic Thought

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Questions 14

Answers

1
What was NOT a Business implication for Confucius economic thought?
Less bureaucracy and low regulation
Freedom and incentives for entrepreneurs
Complete state control
State responsibility for equitability
2
Who said that obedience was essential - for family members and society?
All of them
C Mo-ists
B Legalists
A Confucianists
3
Which people believed that there should be a strong state in all spheres of citizens lives?
D All of them
A Confucianists
B Legalists
C Mo-ists
4
What was NOT characteristic of the transition from Bronze Age to Iron Age?
Mass migration
Monetisation
Some urbanisation
Increased agricultural productvity
5
Which people believed in material abundance rather than spiritual enlightenment?
None of them
B Legalists
A Confucianists
C Mo-ists
6
What was NOT a societal implication for Legalist economic thought?
Shortages and surpluses may occur
People are better off as firms are controlled
More choice for consumers
Lower prices and less expoitation
7
What was NOT a societal implication for Confucius economic thought?
State responsibility to help personal development
People live more complex and more material lives
Equitable distribution of income and resources
Harmonious if the emperor is benevolent
8
In Confucianism, what was the emperor considered to be?
A Benevolent
C Power hungry
D Gentle
B Brutal
9
In terms of Confucian economic principles, what should the government concentrate on achieving?
B Full employment
C Equitable distribution of income
D Strong army
A Greatest profit
10
Complete the following: The lecture demonstrates that modern day China's economy....
...is influenced by a mixture of Legalism and Confucianism
...is mostly influenced by Confucius thought
...is influenced by a mixture of Mo-ism and Confucianism
...is influenced by a mixture of Legalist and Mo-ist thought
11
What was NOT a Business implication for Mo-ist economic thought?
More flexible labour force
Businesses have to pay higher taxes
Businesses don't have to focus on spiritual well-being
More exploitation in business is likely
12
What was NOT a societal implication for Mo-ist economic thought?
Individuals can accumulate wealth and resources
People had pre-determined roles in life
People can make money without guilt of not helping poor
Some social mobility possible
13
What was NOT a Business implication for Legalist economic thought?
Fewer non-state monopolies
More opportunity for profits
Less incentive for innovation
More state control – business would be regulated more
14
Which people believed that regulations were needed to reward and punish people?
D None of them
B Legalists
C Mo-ists
A Confucianists

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