Kapitalismens Fremdrift

Question 1

Når var den industrielle revolusjonen?

Answer 1

1760

Question 2

Hva kjennetegner den industrielle revolusjonen?

Answer 2

Omfattende sosiale, teknologiske, økonomiske forandringen som ble innledet med utvikling av arbeidseffektiviserende maskineri

Question 3

Hva betyr teknologi

Answer 3

Økonomisk begrep forskjellige måter for å produsere samme ting. Inkluderer maskiner men er ikke enstydig med kun maskinvare

Question 4

The Industrial Revolution according to CORE

Answer 4

An extraordinary flowering of radical invention that allowed the same output to be produced with less labour

Question 5

Core: general purpose technologies

Answer 5

Teknologiske fremskritt som kan benyttes i flere sektorer. Som for eksempel informasjon og kommunikasjons og elektrisitet. I nyere tid er datamaskin et godt eksempel, fordi det påvirker mange sektorer i et samfunn

Question 6

Technological progressi

Answer 6

A change in the technology that reduces the amount of resources (labour, machines, land, energy, time) required to produce a given amount of the output

Question 7

CORE: How is capitalism characterised?

Answer 7

By a particular combination of institutions

Question 8

CORE on defining capitalism

Answer 8

An economic system in which the main form of economic system is the firm. Where private owner of capital goods hire labour to produce goods and services for sale in the market to make a profit.

Question 9

CORE What are the main economic instituerions in a capitalist economic system?

Answer 9

Private property, markets and firms

Question 10

How does CORE define institutions?

Answer 10

The laws and informal rules that regulate social interactions among people and between people and the biosphere. It also referred to as the rules of the game

Question 11

Capital goods

Answer 11

The durable and costly non labour inputs used in production; machinery, buildings.

Question 12

Is capital goods private property

Answer 12

Yes

Question 13

Who can own private property

Answer 13

Individual, family, a business, or some entity other than the government

Question 14

What is a market

Answer 14

A means of transferring goods or services from one person to another.

Question 15

CORE; markets are;

Answer 15

1. A way of connecting people who may mutually benefit by exchanging goods and services through a process of buying and selling

Question 16

Core: a firm

Answer 16

A way of organising production

Question 17

Ceteris paribus

Answer 17

Economist often simplify by setting aside things that are thought to be less of importance to the question in interests. The literal meaning of the expression is “other things equal”.

Question 18

Relative price

Answer 18

The price of one good or services compared to another