Question 1

Modernization theorists see large corporations as:

Accepted Answer

A)  offering little to help poor nations seeking to develop. 
B)  unleashing the productive power of capitalism to speed development in poor nations. 
C)  responsible for the debt crisis in many poor nations. 
D)  needing the technology currently available in poor nations. 
A)  offering little to help poor nations seeking to develop. 
B)  unleashing the productive power of capitalism to speed development in poor nations. 
C)  responsible for the debt crisis in many poor nations. 
D)  needing the technology currently available in poor nations.

Question 2

Which social institution is widely considered to have the greatest effect on society as a whole?

Accepted Answer

A)  the family 
B)  the economy 
C)  the political system 
D)  religion 
A)  the family 
B)  the economy 
C)  the political system 
D)  religion

Question 3

Name the three sectors of the economy. Give an example of production in each sector.

Accepted Answer

The three sectors of the economy are:

1

Question 4

Yesterday's family farms have given way to:

Accepted Answer

A)  importing most foods from abroad. 
B)  collectively-run farming communes. 
C)  corporate agribusinesses. 
D)  smaller, individually-run farms. 
A)  importing most foods from abroad. 
B)  collectively-run farming communes. 
C)  corporate agribusinesses. 
D)  smaller, individually-run farms.

Question 5

What are the three defining traits of socialism?

Accepted Answer

Socialism is a political, social, and ec

Question 6

This chapter's Sociology in the News explains that, in recent years, the entry-level wages that many of today's young workers depend on have not kept up with inflation.

Accepted Answer

A) True 
 B)False

Question 7

What important changes in production defined the coming of the Industrial Revolution?

Accepted Answer

The Industrial Revolution was defined by

Question 8

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?

Accepted Answer

Arguments in favor of a free-market econ

Question 9

The concept "primary labor market" refers to:

Accepted Answer

A)  jobs that provide extensive benefits to workers. 
B)  jobs typically taken by teenagers. 
C)  jobs that require no particular training or experience. 
D)  jobs that offer little pay and low security. 
A)  jobs that provide extensive benefits to workers. 
B)  jobs typically taken by teenagers. 
C)  jobs that require no particular training or experience. 
D)  jobs that offer little pay and low security.

Question 10

How do capitalism and socialism differ in overall productivity? What about economic inequality?

Accepted Answer

Capitalism and socialism differ in overa

Question 11

The U.S. workforce is becoming more "white," even as immigration rates rise.

Accepted Answer

A) True 
 B)False

Question 12

Socialism is spreading around the world to the point that, today, a majority of the world's nations have a socialist economic system.

Accepted Answer

A) True 
 B)False

Question 13

What are the three defining traits of capitalism?

Accepted Answer

Capitalism is an economic system charact

Question 14

In recent decades, union membership:

Accepted Answer

A)  has risen in the United States and other high-income nations. 
B)  has risen in the United States, but not in other high-income nations. 
C)  has declined in the United States, but not in other high-income nations. 
D)  has declined in the United States and other high-income nations. 
A)  has risen in the United States and other high-income nations. 
B)  has risen in the United States, but not in other high-income nations. 
C)  has declined in the United States, but not in other high-income nations. 
D)  has declined in the United States and other high-income nations.

Question 15

What are the primary labor market and the secondary labor market?

Accepted Answer

The primary labor market refers to jobs

Question 16

Over the course of the last century, the number of people involved in agricultural work:

Accepted Answer

A)  has remained about the same. 
B)  has declined steadily. 
C)  has increased dramatically. 
D)  has stayed the same, although a larger share of workers are immigrants. 
A)  has remained about the same. 
B)  has declined steadily. 
C)  has increased dramatically. 
D)  has stayed the same, although a larger share of workers are immigrants.

Question 17

In the United States, union membership is higher today than ever before.

Accepted Answer

A) True 
 B)False

Question 18

One effect of computer technology is giving workers greater power over their employers.

Accepted Answer

A) True 
 B)False

Question 19

Early factories in New England, where the Industrial Revolution first developed in the United States:

Accepted Answer

A)  employed women for half the wages paid to men. 
B)  manufactured textiles. 
C)  discouraged any worker organizations. 
D)  All of the above are correct. 
A)  employed women for half the wages paid to men. 
B)  manufactured textiles. 
C)  discouraged any worker organizations. 
D)  All of the above are correct.

Question 20

A corporation is an organization with a legal existence apart from that of its members.

Accepted Answer

A) True 
 B)False

Exam 16: The Economy and Work

Modernization theorists see large corporations as:

Which social institution is widely considered to have the greatest effect on society as a whole?

Name the three sectors of the economy. Give an example of production in each sector.

Yesterday's family farms have given way to:

What are the three defining traits of socialism?

This chapter's Sociology in the News explains that, in recent years, the entry-level wages that many of today's young workers depend on have not kept up with inflation.

What important changes in production defined the coming of the Industrial Revolution?

The concept "primary labor market" refers to:

How do capitalism and socialism differ in overall productivity? What about economic inequality?

The U.S. workforce is becoming more "white," even as immigration rates rise.

Socialism is spreading around the world to the point that, today, a majority of the world's nations have a socialist economic system.

What are the three defining traits of capitalism?

In recent decades, union membership:

What are the primary labor market and the secondary labor market?

Over the course of the last century, the number of people involved in agricultural work:

In the United States, union membership is higher today than ever before.

One effect of computer technology is giving workers greater power over their employers.

Early factories in New England, where the Industrial Revolution first developed in the United States:

A corporation is an organization with a legal existence apart from that of its members.

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