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CHAPTER 6 SOCIAL AND SOLIDARITY ECONOMY Flashcards | StudBud
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CHAPTER 6 SOCIAL AND SOLIDARITY ECONOMY
CHAPTER 6 SOCIAL AND SOLIDARITY ECONOMY
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Questions
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Answers
1
It is easy for a small-scale farmer to achieve economy of scale
True
False
2
A venture business involves significant financial risk.
False
True
3
What is the main historical root of the SSE ?
The French Revolution
World War II
The fall of the Berlin Wall
The Industrial Revolution
4
The Fourth Sector organizations pursue only social and environmental aims without employing business methods.
False
True
5
Natural disasters can be covered by insurance within the framework of microfinance.
True
False
6
What does RIPESS mean in English ?
Intercontinental Internet for the Promotion of SSE
Intercontinental Network for the Promotion of SSE
Continental Internet for the Promotion of SSE
Continental Network for the Promotion of SSE
7
Crowdfunding is collecting money from a large number of people via the internet
True
False
8
What is the negative aspect of our food supply ?
Disadvantage the small-scale farmers
Disadvantage the large-scale farmers
Advantage the small-scale farmers
Advantage the large-scale farmers
9
What do the letters SSE stand for ?
Social Sustainable Economy
Small Startups and Entrepreneurs
Superheroes Saving the Earth
Social and Solidarity Economy
10
Today in France the SSE represents 30% of employment
True
False
11
How do you say "Levée de fonds" in English ?
Fundraising
Crowdfunding
Venture capital
Fundcollecting
12
CSR and SSE share similar values
False
True
13
What is "Social Entrepreneurship" ?
Creating/managing businesses with social, cultural, or environmental goals.
Running a business solely focused on maximizing profits.
Creating businesses that only operate in the private sector
Managing government programs for economic development.
14
What strategy could small farmers use to deal with competition?
They remain alone
They negociate prices directly with traders
They stop their business
They trade with middlemen
15
Which term does not apply to microfinance?
Small loans
Venture capitalist
Saving accounts
Insurance
16
What does "literacy" mean in French ?
Alphabétisation
Littérature
Analphabétisme
Pauvreté
17
Microfinance refers to providing financial services to people excluded from traditional banks
True
False
18
What are the 3 dimensions of the Triple Bottom Line ?
People, Fair Trade, Profits
Profit, People, Planet
Profit, Purchase, Planet
Profit, Diversity, Planet
19
How could venture capitalists could be rewarded in return of their investment ?
By receiving goodies from the company
By receiving shares in the company
By being housed for free by the company
By receiving flowers
20
The primary goal of Social Entrepreneurship is...
to control global market trends
to prioritize financial gain over social impact.
to maximize profits for shareholders
to generate a positive social impact
21
What does "sell at a loss" mean ?
Vendre au plus offrant
Vendre avec des bénéfices
Vendre à perte
Vendre à un intermédiaire
22
Big agri-business companies are the main competitors of small-scale farmers
True
False
23
What are the three traditional sectors of the economy ?
The Banking sector, the Technology sector, and the Retail sector.
The Agricultural sector, the Industrial sector, and the Service sector
The Private sector, the Public sector and the Non-profit sector
The Domestic sector, the Export sector, and the Trade sector.
24
Buying the cheapest products supports Fair Trade
True
False
25
Why do business angels play a crucial role in the startup ecosystem ?
Because they control all decisions in startups
Because they offer their best wishes for the New Year
Because they offer their expertise and support innovation
Because they demand immediate profits from startups
26
New start-ups don't need to be officially approved to be part of the SSE model
False
True
27
What does "grassroots initiatives" mean in French ?
Initiatives durables des gouvernements
Initiatives économiques de proximité
Initiatives environnementales locales
Initiatives de citoyens ordinaires
28
What is the benefit of the fair trade movement for smallholder farmers ?
Paying less to operators
Creating short term relationships
Initiating a trust based dialogue
Wasting water
29
Which countries are examples of emerging countries ?
China, Brazil, South Africa, Indonesia
Australia, New Zealand, Canada, the UK
Algeria, Argentina, Alberta
France, Japan, Italy, Spain
30
SSE is an alternative to capitalism
False
True
