Economical

Question 1

Classical liberalism

Answer 1

• individual freedom

- no interference of the government (Invisible hand)

Question 2

Multiplier effect

Answer 2

A government shouldn’t stop spending when the economy is down.

Question 3

Welfare state

Answer 3

Government takes care of economic and social well-being

Question 4

Managerial urban governance

Answer 4

• public service provision by state
• top-down planning
• technocrats
• urban development is a state-led activity

Question 5

Entrepreneurial urban governance

Answer 5

• privatization of public services
• economic > social
• planning is flexible
• zoning rules in order to have more financial benefit
• urban development is done by more actors
• property driven
• self-responsibilization