The communist version of socialism reached its peak in the Blank_ was in a state of collapse. Multiple choice question. 1920s; 1960s 1950s; 1980s 2000s; 2010s 1970s; 1990s _ and by the Blank it

What is meant by "path dependence" in the context of the transition from socialism to capitalism? Why is stabilization critical for privatization to be successful?

What is meant by the terminology “welfare state”?  What was the increased role of government with the administration of FDR’s New Deal programs?  How did the actions of FDR’s “priming the pump”/Keynesian economics compare with the “trickle down” economics of Herbert Hoover?  Why did some of Roosevelt’s contemporaries think that he went too far while others thought that he did not go far enough?   What have been the legacies (socioeconomic, political, and cultural legacies) of the New Deal, especially the so-called “welfare state” programs?   Do you view those legacies as mostly positive or negative?

c) Economic crises d) All of the above 30. Ashley's economic philosophy can be best described as: a) Libertarian b) Interventionist c) Conservative d) Progressive