Exam 11: The Economy and Politics

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Feminist scholars disagree with conflict theorists on all aspects of social issues.

(True/False)
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Jennifer, a member of the Masses organization, is running for the office of governor in her state. The members of her organization are organizing rallies in her support. Masses is a _____.

(Multiple Choice)
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_____ is an economic system based on private ownership of property and competition in producing and selling goods and services.

(Multiple Choice)
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Discuss the effects of globalization on the economy.

(Essay)
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A corporation has hired George to speak on its behalf about the H-1B visas and influence legislation in its favor. George is a(n) _____.

(Multiple Choice)
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Define socialism and communism. List the ways in which they differ from each other

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In a(n) _____, the same people serve on the boards of directors of several companies or corporations.

(Multiple Choice)
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Which of the following statements is true of a corporation?

(Multiple Choice)
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Before and since the recession, unemployment rates have been highest among:

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Critics argue that globalization terminates jobs and makes goods and services unaffordable for people around the world.

(True/False)
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Jennifer, a waitress at a local café, was fired during the recession. After looking for jobs at various places, she realized that it was futile and stopped her search. Jennifer belongs to the category of _____.

(Multiple Choice)
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Unlike traditional and charismatic authority, rational-legal authority:

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Symbolic interactionists rely on macro-level approaches to explain the day-to-day meaning of work.

(True/False)
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Which of the following statements is true of part-time work?

(Multiple Choice)
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Critically evaluate the perspective of conflict theorists on the power elite.

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Yuksom, an IT firm based in the U.S., has its branches in India and China. Yuksom is a(n) _____.

(Multiple Choice)
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Which of the following statements is true of oligopolies?

(Multiple Choice)
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Define authority. Briefly discuss the various forms of authority.

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Interlocking directorates have become more influential than ever because of the proliferation of transnational corporations.

(True/False)
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Which of the following is a characteristic of socialism?

(Multiple Choice)
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