Exam 13: The Economy and Work in Global Perspective

In March 2011,the unemployment rate was 8.9 percent and the number of people employed part-time for economic reasons was 8.3 million.

Define contingent work and identify the role subcontracting often plays in contingent work.Also describe the three major types of unemployment.

Based on symbolic interactionist theory,job satisfaction refers to people's attitudes toward their work.All of the following are factors that contribute to workers' job satisfaction EXCEPT:

__________ refers to the group of people who contribute their physical and intellectual services to the production process in return for wages paid to them by firms.

The __________ labor market consists of low-paying jobs with few benefits and very little job security or possibility for future advancement.

A worker who earns 65 cents an hour and works 84 hours a week in a U.S.garment factory exemplifies employment in the:

Certain professions are undergoing a process of deprofessionalization,in which some of the characteristics of a profession are eliminated.

The __________,founded in 1886,targeted groups of skilled workers such as plumbers and carpenters.

In high-income nations today,many of the goods and services that we consume are information goods.Examples of information goods and services include:

In theory,___________ acts as a balance to excessive profits.When producers vie with one another for customers,they must be able to offer innovative goods and services at aggressive prices.

A postindustrial economy is based on tertiary sector production-the provision of services rather than goods,as a primary source of livelihood for workers and profit for owners and corporate shareholders.A majority of U.S.jobs are in tertiary sector employment.

The text points out that colleges of pharmacy in many universities have fought against __________ by upgrading the degrees awarded to pharmacy graduates from the traditional B.S.in pharmacy to a Ph.D.

__________ are essential in contemporary bureaucracies,where work is highly specialized and authority structures are hierarchical.

All of the following are characteristics of professions EXCEPT:

What is meant by the social organization of work?

The __________ labor market consists of high-paying jobs with good benefits that have some degree of security and the possibility of future advancement.

In __________,resources are converted from state ownership to private ownership; the government takes an active role in developing,recognizing,and protecting private property rights.

Discuss the conflict perspective on economy and work in the United States.

Industrialization brings sweeping changes to the system of production and distribution of goods and services.__________ refers to the processing of raw materials into finished goods.

Discuss primary sector production that occurs in preindustrial economies.