Exam 12: Economics and Politics

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In the United States, about what percentage of the labor force performs tertiary sector work?

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In the United States, the share of workers who are members of labor unions is higher today than ever before.

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In 2013, the United States military banned women from engaging in any combat operations.

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The concept of "global economy" refers to

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What are the three defining traits of capitalism?

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In 2011, a wave of popular uprisings seeking more democratic government swept across which region of the world?

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Which of the following concepts refers to an economy based on computer technology?

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We hear a lot about "two Americas," which include the "blue" regions of the country that favor Democratic candidates and "red" regions of the country that favor Republican candidates.Review National Map 12-2 on

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The concept "political economy" refers to

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Traditional authority gains importance as a society becomes industrialized.

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What arguments are made in favor of a free-market economy? What are the arguments made by those who favor a large regulatory role for government? Consider issues such as economic productivity, economic inequality, and the extent of corporate welfare.Also, how do the recent corporate scandals, beginning with the collapse of the Enron energy trading company, play in to this debate?

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What is terrorism? What is state terrorism?

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Based on what you have read in thisCHAPTER, describe an economic system that you think would come closest to being "just." This economic system might be some combination of the types of economic systems described in the CHAPTER.Explain what you mean by "just" and how the system operates to generate "justice."

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Describe the distribution of power in the United States using the three theoretical models of political power.What do the three models have in common? What are their major differences? To what extent does each assess U.S.society as democratic? Why?

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For which of the following reasons might you argue that the United States is not truly democratic?

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A recent trend in the United States is a steady rise in the share of small businesses owned by women.

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Which from the following list would be described as an economic issue?

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What is a social institution? What is the economy?

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Which of the following statements about the Information Revolution is NOT correct?

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Over the course of human history, revolutionary changes in which of the following have brought great transformation to the economy?

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