Exam 14: Work and Economic Life

What is the knowledge economy? What makes that type of so-called production possible? Where does the knowledge economy fit in the international division of labor?

The social institution that produces and distributes goods and services is:

Work done in exchange for a regular wage or salary is considered:

The tremendous increase in transnational corporations during the past 30 years has been made possible by the:

Jobs in which workers control the pace and content of their work within general guidelines are referred to as being:

According to your textbook, the growth of the knowledge economy can be associated with:

What was the name of the U.S. management consultant who invented a system of scientific management in which industrial processes were studied to break them down into precisely timed and organized simple operations?

According to the text, China has been turning into the:

Large corporations that have branches in two or more countries are referred to as:

The use of part-time workers has become increasingly common.

Americans spend more time at work than do citizens of other advanced industrial countries. Provide three reasons for this phenomena.

Work provides ________, which in turn tends to structure people's psychological makeup and daily lives.

Traditionally, union workers have been employed in the manufacturing sector. Recently, this trend has been changing, and successful unionizing of workers has increased among:

Henry Ford paid his workers well. He did this to ensure compliance in the workforce and:

Taylorism resulted in:

According to Richard Barnet and John Cavanagh, the poor do not have the resources to participate in the global:

Karl Marx argues that workers in capitalist societies:

Richard Barnet and John Cavanagh refer to the international division of labor as the global:

The Pou Chen factory in Dongguan in southern China that makes a million pairs of athletic shoes a month for Nike, Adidas, and other major brands is an excellent example of:

List two main ideas of Fordism.