Question 1

The new global elites are best described as ______.&#10;A) a transglobal community of peers&#10;B) aristocratic pioneers&#10;C) a punitive class of philanthropists&#10;D) technological artists

Accepted Answer

The statement describes the new global elites as a "transglobal community of peers," which aligns with option A. The other options do not accurately reflect the description given in the statement.

Question 2

Victor Pinchuk's ideas forum is dedicated to ______.&#10;A) hedge funds&#10;B) poverty&#10;C) horse racing&#10;D) geopolitics

Accepted Answer

Victor Pinchuk's ideas forum, known as the Yalta European Strategy (YES), is dedicated to geopolitics, focusing on issues related to Ukraine's integration into the European Union and global politics.

Question 3

The hereditary elites' debutante balls are being replaced by _______ for today's plutocrats.&#10;A) international conferences&#10;B) fox hunts&#10;C) regattas&#10;D) volunteer activities

Accepted Answer

International conferences are more relevant and popular among today's plutocrats compared to debutante balls, which are seen as outdated and elitist. Fox hunts and regattas are also associated with traditional elites rather than the new generation of wealthy individuals. Volunteer activities may be seen as noble, but they are not typically associated with the socializing and networking opportunities that debutante balls and international conferences provide.

Question 4

According to the author, the most coveted status symbol of the new elites is a ______.&#10;A) knighthood&#10;B) philanthropic foundation&#10;C) yacht&#10;D) thoroughbred racehorse

Accepted Answer

The author states in the article that "For the new elite, nothing shows off status like a charitable foundation." Therefore, the most coveted status symbol for them is a philanthropic foundation (Option B).

Question 5

The social circles that the new elite move in are defined by ______.&#10;A) geography&#10;B) heredity&#10;C) interests&#10;D) offspring

Accepted Answer

The article states that the social circles of the new elite are defined by interests and commonalities, such as attending the same universities or working in similar industries. It does not mention geography or heredity, and while offspring may play a role in some cases, it is not the defining factor for these social circles.

Question 6

Which statement reflects a trend in American business executives?&#10;A) The younger generation of chief executives lack international experience.&#10;B) The number of foreign-born CEOs is rising.&#10;C) Chief executives are now realizing the relevance of New York City.&#10;D) The importance of globalization is lost on young CEOs.

Accepted Answer

The statement that "the number of foreign-born CEOs is rising" indicates a trend in American business executives towards increasing diversity in leadership and global perspectives. The other statements do not reflect current trends in the same way.

Question 7

America's superelite is displaying less sympathy for ______.&#10;A) the middle class&#10;B) poverty in third-world nations&#10;C) customer satisfaction&#10;D) American business

Accepted Answer

Recent studies have shown that the top 1% of Americans, also known as the superelite, are displaying less sympathy for the struggles of the middle class. This is evidenced by their support for policies that benefit the wealthy, such as lower taxes and fewer regulations, while neglecting issues that affect the middle class, such as income inequality and affordable healthcare.

Question 8

The author states that the real threat to plutocrats is ______.&#10;A) tighter regulation&#10;B) globalization&#10;C) protectionism&#10;D) higher taxes

Accepted Answer

The author suggests that protectionism, which involves imposing trade barriers and restrictions, poses a real threat to plutocrats as it can disrupt their global business operations and profit margins.

Question 9

As the wealth gap has grown wider, American's perceptions of the superrich have ______.&#10;A) soured&#10;B) stabilized&#10;C) expanded&#10;D) soared

Accepted Answer

Studies show that as income inequality has increased, public perceptions of the superrich have become more negative, with a growing perception that they are greedy and out of touch with the average American.

Question 10

Which corporation hosts the Zeitgeist conference?&#10;A) Apple&#10;B) Google&#10;C) Citigroup&#10;D) Starbucks

Accepted Answer

Google hosts the annual Zeitgeist conference, which brings together top thinkers and leaders from around the world to discuss important global issues.

Question 11

Which two phenomena best explain the rise of the new plutocracy?

Accepted Answer

The answer of Which two phenomena best explain the rise...

Question 12

Choose one of the superelites discussed in the reading and discuss how this individual is a plutocrat.

Accepted Answer

The answer of Choose one of the superelites discussed in...

Question 13

Name one international conference and identify its focus.

Accepted Answer

The answer of Name one international conference and identify its...

Question 14

List one benefit of plutocrats.

Accepted Answer

The answer of List one benefit of plutocrats....

Question 15

Briefly describe the two options superelites have to survive. Which option would be the better outcome for America?

Accepted Answer

The answer of Briefly describe the two options superelites have...

Deck 37: The New Global Elite