Exam 14: The Economy and Work

__________ is a demographic trend that marks the current period in the economy.

Segmented labor markets result from the capitalist economy being divided into two separate sectors that have different characteristics,different roles,and different rewards for workers in each.

Mary,an African American domestic worker,harbors resentment toward Hispanics because she fears they will take her job if she asks for higher wages or misses work for some reason.This racial tension is a consequence of the fact that racial minorities disproportionately make up __________.

Describe the move from a manufacturing-based to a service-based economy and discuss its impact on American workers.What have we lost? What have we gained? Ideal

Describe the segmented labor market and discuss its influence on equity in the workplace.

Between 2000 and 2010,the United States lost approximately 5.5 million __________ jobs.

Alienation and the resultant feeling of work being meaningless is a problem theorized by __________.

Sweatshops are substandard work environments where workers are subject to __________.

The division of the economy into one sector with stable and secure working conditions and another sector with marginal working conditions and low wages is called __________.

According to Marx,when workers do not have any control over their labor,they experience __________.

Many contingent workers have home offices and do most if not all of their contract work from their own house in a practice known as __________.

Some societies organize their economic system in a way that benefits the collective as opposed to any one individual.This system is known as __________.

Fundamental changes in the economy resulting from technological breakthroughs,globalization,and capital flight describes __________.

OSHA has all the resources it needs to ensure workplace safety.

Compared to other __________ nations,Americans work more hours.

Describe Taylorization and discuss the effect it has on the plight of American workers.

The transformation of the economy has reduced the role of National Manufacturing,Inc.,in favor of technology and pharmaceutical companies in a process known as __________.

When an economic system is based on ownership of the means of production by the people for their collective benefit it is classified as a __________ system.

An employment arrangement where employees work as temporaries or independent contractors and get few benefits from employers is __________.

Jerica's factory recently moved out of the United States to a country with cheaper labor where she will produce the same products at a lower cost in a practice known as __________.