Question 1

Manufacturing by U.S.transnational corporations

Accepted Answer

A)  is now mostly done in foreign countries. 
B)  has moved to countries with higher levels of education. 
C)  has been unaffected by globalization. 
D)  is no longer a major source of profits. 
A)  is now mostly done in foreign countries. 
B)  has moved to countries with higher levels of education. 
C)  has been unaffected by globalization. 
D)  is no longer a major source of profits. A

Question 2

All of the following are forms of capital flight except

Accepted Answer

A)  mergers. 
B)  overseas investment. 
C)  pay concessions from workers. 
D)  plant relocation within the United States. 
A)  mergers. 
B)  overseas investment. 
C)  pay concessions from workers. 
D)  plant relocation within the United States. C

Question 3

Stacey finds that the household arrangements that characterize the "postmodern" family form are new to all except which group?

Accepted Answer

A)  upper-class families 
B)  middle-class families 
C)  working-class families 
D)  poor families 
A)  upper-class families 
B)  middle-class families 
C)  working-class families 
D)  poor families D

Question 4

Discuss the indicators of contraction of consumption during difficult economic times and their consequences.

Accepted Answer

During difficult economic times, several

Question 5

The new economy

Accepted Answer

A)  shifts demand from physical labor to cognitive abilities. 
B)  moves manufacturing to countries with cheaper labor. 
C)  moves white collar jobs to countries with cheaper labor. 
D)  all of the above 
E)  none of the above 
A)  shifts demand from physical labor to cognitive abilities. 
B)  moves manufacturing to countries with cheaper labor. 
C)  moves white collar jobs to countries with cheaper labor. 
D)  all of the above 
E)  none of the above

Question 6

Which of the following has become a common way for employers to reduce their health care costs?

Accepted Answer

A)  using greater numbers of independent contractors 
B)  raising wages so employees can purchase their own health insurance 
C)  reducing deductibles 
D)  allowing employees to get union health benefits 
A)  using greater numbers of independent contractors 
B)  raising wages so employees can purchase their own health insurance 
C)  reducing deductibles 
D)  allowing employees to get union health benefits

Question 7

Which of the following is an effect of globalization described by the authors?

Accepted Answer

A)  shorter international flight times 
B)  greater numbers of people using public transportation 
C)  a drought in one part of the world driving up commodity prices elsewhere 
D)  more foreign made automobiles in the U.S. market 
A)  shorter international flight times 
B)  greater numbers of people using public transportation 
C)  a drought in one part of the world driving up commodity prices elsewhere 
D)  more foreign made automobiles in the U.S. market

Question 8

According to Stacey,a "postmodern family"

Accepted Answer

A)  is a flexible household that expands and contracts in response to changing family circumstances. 
B)  consists of a breadwinner husband and a full-time homemaker wife. 
C)  consists of husband, wife, and children who work a family farm. 
D)  refers to the new trend toward fathers retaining sole custody of their children after divorce. 
A)  is a flexible household that expands and contracts in response to changing family circumstances. 
B)  consists of a breadwinner husband and a full-time homemaker wife. 
C)  consists of husband, wife, and children who work a family farm. 
D)  refers to the new trend toward fathers retaining sole custody of their children after divorce.

Question 9

Subprime mortgages

Accepted Answer

A)  went to people with excellent credit ratings. 
B)  went disproportionately to whites. 
C)  often included low initial rates that increased sharply after two years. 
D)  were primarily used to purchase second homes. 
A)  went to people with excellent credit ratings. 
B)  went disproportionately to whites. 
C)  often included low initial rates that increased sharply after two years. 
D)  were primarily used to purchase second homes.

Question 10

Joseph Schumpeter coined this term to describe a process inherent to capitalism in which as the economic structure of capitalism matures,some sectors will lose out while others gain.

Accepted Answer

A)  sunset industry 
B)  creative destruction 
C)  perfect storm 
D)  flipping 
A)  sunset industry 
B)  creative destruction 
C)  perfect storm 
D)  flipping

Question 11

The economic crisis of 2007 involved

Accepted Answer

A)  mortgage defaults. 
B)  declines in mortgage-backed securities. 
C)  large banks facing the necessity of raising large amounts of money very quickly or failing. 
D)  all of the above 
E)  none of the above 
A)  mortgage defaults. 
B)  declines in mortgage-backed securities. 
C)  large banks facing the necessity of raising large amounts of money very quickly or failing. 
D)  all of the above 
E)  none of the above

Question 12

Of the 7.5 million jobs lost in the Great Recession,this many were lost by men.

Accepted Answer

A)  almost ¼ 
B)  almost ½ 
C)  almost ¾ 
D)  65% 
A)  almost ¼ 
B)  almost ½ 
C)  almost ¾ 
D)  65%

Question 13

Who are the "new poor"? What social forces have created this group and how are families in this category adapting to the consequences of their new status?

Accepted Answer

The "new poor" refers to a growing demog

Question 14

The postmodern form of family life is new to the poor.

Accepted Answer

A) True 
 B)False

Question 15

Manufacturing employment in the United States

Accepted Answer

A)  increased throughout the 20ᵗʰ century. 
B)  has declined since 2000. 
C)  still accounts for more than half of all jobs. 
D)  was associated with low wages and poor benefits. 
A)  increased throughout the 20ᵗʰ century. 
B)  has declined since 2000. 
C)  still accounts for more than half of all jobs. 
D)  was associated with low wages and poor benefits.

Question 16

By 2010,the unemployment rate reached over

Accepted Answer

A)  2%. 
B)  5%. 
C)  8%. 
D)  10%. 
A)  2%. 
B)  5%. 
C)  8%. 
D)  10%.

Question 17

The postmodern family is a nuclear family with a male breadwinner and a female homemaker.

Accepted Answer

A) True 
 B)False

Question 18

The "New Homeless" are often

Accepted Answer

A)  former renters rather than former homeowners. 
B)  the underclass. 
C)  the long-term poor. 
D)  the working poor. 
A)  former renters rather than former homeowners. 
B)  the underclass. 
C)  the long-term poor. 
D)  the working poor.

Question 19

Since the Great Recession,the problem of hunger in the U.S.has

Accepted Answer

A)  declined somewhat. 
B)  declined sharply. 
C)  steadily increased. 
D)  been met primarily by private sources of aid. 
A)  declined somewhat. 
B)  declined sharply. 
C)  steadily increased. 
D)  been met primarily by private sources of aid.

Question 20

Offshoring involves moving corporate activity to countries with

Accepted Answer

A)  lower wages. 
B)  lower taxes. 
C)  lower benefits. 
D)  all of the above 
A)  lower wages. 
B)  lower taxes. 
C)  lower benefits. 
D)  all of the above

Manufacturing by U.S.transnational corporations

All of the following are forms of capital flight except

Stacey finds that the household arrangements that characterize the "postmodern" family form are new to all except which group?

Discuss the indicators of contraction of consumption during difficult economic times and their consequences.

The new economy

Which of the following has become a common way for employers to reduce their health care costs?

Which of the following is an effect of globalization described by the authors?

According to Stacey,a "postmodern family"

Subprime mortgages

Joseph Schumpeter coined this term to describe a process inherent to capitalism in which as the economic structure of capitalism matures,some sectors will lose out while others gain.

The economic crisis of 2007 involved

Of the 7.5 million jobs lost in the Great Recession,this many were lost by men.

Who are the "new poor"? What social forces have created this group and how are families in this category adapting to the consequences of their new status?

The postmodern form of family life is new to the poor.

Manufacturing employment in the United States

By 2010,the unemployment rate reached over

The postmodern family is a nuclear family with a male breadwinner and a female homemaker.

The "New Homeless" are often

Since the Great Recession,the problem of hunger in the U.S.has

Offshoring involves moving corporate activity to countries with

Images,Ideals,and Myths

Preindustrial Families and the Emergence of a Modern Family Form

The Historical Making of Family Diversity

Families and Demographic Trends: the New Immigration and the Aging of Society

Class,Race,and Gender

Meshing the Worlds of Work and Family

The Social Construction of Intimacy

Contemporary Marriages

Parents and Children

Violence in Families

Divorce and Remarriage

Emergent Families in the Global Era

Family Policy for the Twenty-First Century

Filters

Exam 4: Families and the New Economic Realities

Manufacturing by U.S.transnational corporations

All of the following are forms of capital flight except

Stacey finds that the household arrangements that characterize the "postmodern" family form are new to all except which group?

Discuss the indicators of contraction of consumption during difficult economic times and their consequences.

The new economy

Which of the following has become a common way for employers to reduce their health care costs?

Which of the following is an effect of globalization described by the authors?

According to Stacey,a "postmodern family"

Subprime mortgages

Joseph Schumpeter coined this term to describe a process inherent to capitalism in which as the economic structure of capitalism matures,some sectors will lose out while others gain.

The economic crisis of 2007 involved

Of the 7.5 million jobs lost in the Great Recession,this many were lost by men.

Who are the "new poor"? What social forces have created this group and how are families in this category adapting to the consequences of their new status?

The postmodern form of family life is new to the poor.

Manufacturing employment in the United States

By 2010,the unemployment rate reached over

The postmodern family is a nuclear family with a male breadwinner and a female homemaker.

The "New Homeless" are often

Since the Great Recession,the problem of hunger in the U.S.has

Offshoring involves moving corporate activity to countries with

Images,Ideals,and Myths

Preindustrial Families and the Emergence of a Modern Family Form

The Historical Making of Family Diversity

Families and Demographic Trends: the New Immigration and the Aging of Society

Class,Race,and Gender

Meshing the Worlds of Work and Family

The Social Construction of Intimacy

Contemporary Marriages

Parents and Children

Violence in Families

Divorce and Remarriage

Emergent Families in the Global Era

Family Policy for the Twenty-First Century

Filters