Exam 11: The Economy and Politics

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Identify a characteristic of capitalism.

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Which of the following factors has contributed to the surge in women's employment?

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Discuss the criticisms of conflict theorists.

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Answers will vary. Functionalists accuse conflict theorists of exaggerating the power elite's importance. Functionalists point out, for example, that "the masses" aren't just puppets but are aware of the power elite's influence. As a result, they vote, mobilize, support particular interest groups, and protest current political and corporate policies. Also, according to critics, the power elite perspective assumes, incorrectly, that the wealthy people at the top have the same interests and goals. Because the Democratic and Republican parties and their top officials endorse very different agendas, the power elite are rarely unified. Moreover, critics maintain, the wealthy can't always buy political offices. Please see the section "Sociological Perspectives on Politics and Power" for more information.

Offshoring increases a company's costs at home.

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The source of _____ is personal as a ruler inherits authority on the basis of long-standing customs .

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Discuss the feminist perspective on the economy and its impact on society.

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Which of the following best defines communism?

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Totalitarianism is an ideology that rejects state control over private lives.

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In socialism, the state is responsible for all economic planning and programs.

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In the mid-1980s, 50 companies controlled 90 percent of all U.S. media. This is an example of a(n) _____.

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Briefly describe totalitarianism.

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For functionalists, the people rule through _____ .

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_____ refers to the growth and spread of investment, trade, production, communication, and new technology around the world.

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Capitalism is an economic system in which:

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According to C. Wright Mills, the power elite is made up of two dominant groups of people at the top level who run the country .

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In the Indian political system, suffrage is universal and the people choose their own leaders by casting votes. This is an example of a(n) _____.

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Identify a true statement about deindustrialization.

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T he International Brotherhood of Electrical Workers supports primarily Republicans.

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Describe the functionalists' perspective on the economy and its impact on society.

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Which of the following statements best describes the perspective of conflict theorists on work and the economy?

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