Exam 13: The Economy and Work

Centralized planning is a component of __________.

Describe contingent employment and discuss its impact on the lives of American workers. Would you like to work in this situation? Why or why not? Ideal

The division of labor between the sexes __________.

The largest employer in the United States today is __________.

Although the authors identify many problems with work in contemporary society, dangerous working conditions are presented as a problem of the past.

Chris has been out of work for a while and has not actively sought work in over a month. He is a __________ worker.

According to Marx, when workers do not have any control over their labor, they experience __________.

__________ is a demographic trend that marks the current period in the economy.

Outline the key economic issues that led to the Great Recession? Ideal

Industries that take a specific task and transfer the work overseas are __________.

Juan does contract work for a publishing company. He is a contingent worker.

The Great Recession gave employers reason to _________ worker benefits.

Jill believes that Adam Smith was essentially correct when he claimed that people could pursue their own personal interests because the __________ would keep society from disintegrating as everyone competes for consumers and profit. Thus, she consistently opposes government intervention into the market.

During the Great Recession, corporations relied more heavily on __________.

What are the characteristics of The Corporation-Dominated U.S. Economy? Discuss the fundamental differences between the two economic forms. Ideal

Fundamental changes in the economy resulting from technological breakthroughs, globalization, and capital flight describe __________.

__________ are substandard work environments where workers are paid less than minimum wage, are made to work overtime without being paid premium rates, and are subjected to conditions that violate labor laws.

Alienation and the resultant feeling of work being meaningless is a problem theorized by __________.

The unemployment rate for African Americans is __________ the rate for Whites.

__________ is/are a force currently transforming the U.S. economy.