Exam 16: The Economy and Work

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Capitalism is more economically productive than socialism,and capitalism also creates greater economic inequality.

(True/False)
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Which of the following DOES NOT describe the operation of a socialist economy?

(Multiple Choice)
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The Information Revolution requires workers to gain literacy skills in contrast to the mechanical skills that were important during the Industrial Revolution.

(True/False)
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Over time,the share of the U.S.workforce made up of people who are "white" has increased,even as immigration rates have increased.

(True/False)
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As a social institution,the economy

(Multiple Choice)
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Most self-employed persons are professionals.

(True/False)
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Contrasted to socialist economic systems,capitalist economic systems are typically

(Multiple Choice)
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Although there are many privately-owned companies in the United States,most of the U.S.economy is owned and operated by the government.

(True/False)
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Denmark is an example of a European nation with a system of welfare capitalism in which high taxes pay for extensive government-provided benefits.

(True/False)
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In a capitalist economic system,"justice" amounts to

(Multiple Choice)
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Capitalism is an economic system in which there is

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Concerning the issue of personal freedom,capitalist systems emphasize people's _____,while socialist systems emphasize people's _____.

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Computers are having which of the following effects on the workplace?

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The text describes three technological revolutions that transformed all of social life.Which of the following is NOT one of them?

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The invention of the corporation is correctly understood as the point at which a postindustrial society emerged.

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Which category of the U.S.population is showing the greatest labor-force increase in terms of percentage?

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Which social institution do most sociologists claim has the greatest effect on society as a whole?

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The concept "primary labor market" refers to jobs that

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

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Oligopoly refers to any company that operates in more than one country.

(True/False)
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