Question 1

What percentage of today's U.S.workers are self-employed?

Accepted Answer

A) 6.8 percent 
B) 26.8 percent 
C) 46.8 percent 
D) 66.8 percent 
A) 6.8 percent 
B) 26.8 percent 
C) 46.8 percent 
D) 66.8 percent

Question 2

The development of agriculture was set in motion by

Accepted Answer

A) changes in the church. 
B) hitching animals to the plow. 
C) the discovery of writing. 
D) the discovery of oil. 
A) changes in the church. 
B) hitching animals to the plow. 
C) the discovery of writing. 
D) the discovery of oil.

Question 3

Which of the following countries best exemplifies a system of state capitalism?

Accepted Answer

A) the United States 
B) Great Britain 
C) Australia 
D) Japan 
A) the United States 
B) Great Britain 
C) Australia 
D) Japan

Question 4

Agricultural production is part of the primary sector of the economy.

Accepted Answer

A) True 
 B)False

Question 5

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 6

Large corporations dominate many markets in the global economy.

Accepted Answer

A) True 
 B)False

Question 7

The concept of "global economy" refers to

Accepted Answer

A) economic activity that moves across national borders. 
B) the fact that only a few countries now contribute to the global economy. 
C) the fact that economic output is under the control of global political leadership. 
D) All of these responses are correct. 
A) economic activity that moves across national borders. 
B) the fact that only a few countries now contribute to the global economy. 
C) the fact that economic output is under the control of global political leadership. 
D) All of these responses are correct.

Question 8

Which of the following would be included in the operation of the underground economy?

Accepted Answer

A) a teacher who is on disability leave for a long time 
B) an executive who illegally "borrows" funds from the company 
C) a taxi driver who fails to report most of her income 
D) food servers who are paid less than the minimum wage 
A) a teacher who is on disability leave for a long time 
B) an executive who illegally "borrows" funds from the company 
C) a taxi driver who fails to report most of her income 
D) food servers who are paid less than the minimum wage

Question 9

In a socialist economic system,"justice" amounts to

Accepted Answer

A) trying to meet the basic needs of all in a equal manner. 
B) doing whatever helps boost company earnings. 
C) freedom of the marketplace. 
D) All of these responses are correct. 
A) trying to meet the basic needs of all in a equal manner. 
B) doing whatever helps boost company earnings. 
C) freedom of the marketplace. 
D) All of these responses are correct.

Question 10

By the early 1960s,most of the people in the U.S.labor force had which type of job?

Accepted Answer

A) white-collar 
B) blue-collar 
C) pink-collar 
D) farming 
A) white-collar 
B) blue-collar 
C) pink-collar 
D) farming

Question 11

Conglomerates are giant corporations composed of many smaller corporations.

Accepted Answer

A) True 
 B)False

Question 12

Globalization of the economy means that

Accepted Answer

A) world regions specialize in one sector of economic activity. 
B) more and more products pass through several nations. 
C) a small number of businesses represent a huge share of global economic output. 
D) All of these responses are correct. 
A) world regions specialize in one sector of economic activity. 
B) more and more products pass through several nations. 
C) a small number of businesses represent a huge share of global economic output. 
D) All of these responses are correct.

Question 13

Adam Smith's idea was that,in a capitalist system,government tells businesses what to produce and consumers what to buy.

Accepted Answer

A) True 
 B)False

Question 14

Combining a market-based economy with an extensive social welfare program yields what is called "welfare capitalism."

Accepted Answer

A) True 
 B)False

Question 15

Most people with jobs in the primary labor market would probably rather have jobs in the secondary labor market.

Accepted Answer

A) True 
 B)False

What percentage of today's U.S.workers are self-employed?

The development of agriculture was set in motion by

Which of the following countries best exemplifies a system of state capitalism?

Agricultural production is part of the primary sector of the economy.

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

Large corporations dominate many markets in the global economy.

The concept of "global economy" refers to

Which of the following would be included in the operation of the underground economy?

In a socialist economic system,"justice" amounts to

By the early 1960s,most of the people in the U.S.labor force had which type of job?

Conglomerates are giant corporations composed of many smaller corporations.

Globalization of the economy means that

Adam Smith's idea was that,in a capitalist system,government tells businesses what to produce and consumers what to buy.

Combining a market-based economy with an extensive social welfare program yields what is called "welfare capitalism."

Most people with jobs in the primary labor market would probably rather have jobs in the secondary labor market.

The Sociological Perspective

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Society

Socialization

Social Interaction in Everyday Life

Groups and Organizations

Sexuality and Society

Deviance

Social Stratification

Social Class in the United States

Global Stratification

Gender Stratification

Race and Ethnicity

Aging and the Elderly

Politics and Government

Families

Religion

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Exam 16: The Economy and Work

What percentage of today's U.S.workers are self-employed?

The development of agriculture was set in motion by

Which of the following countries best exemplifies a system of state capitalism?

Agricultural production is part of the primary sector of the economy.

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

Large corporations dominate many markets in the global economy.

The concept of "global economy" refers to

Which of the following would be included in the operation of the underground economy?

In a socialist economic system,"justice" amounts to

By the early 1960s,most of the people in the U.S.labor force had which type of job?

Conglomerates are giant corporations composed of many smaller corporations.

Globalization of the economy means that

Adam Smith's idea was that,in a capitalist system,government tells businesses what to produce and consumers what to buy.

Combining a market-based economy with an extensive social welfare program yields what is called "welfare capitalism."

Most people with jobs in the primary labor market would probably rather have jobs in the secondary labor market.

The Sociological Perspective

Sociological Investigation

Culture

Society

Socialization

Social Interaction in Everyday Life

Groups and Organizations

Sexuality and Society

Deviance

Social Stratification

Social Class in the United States

Global Stratification

Gender Stratification

Race and Ethnicity

Aging and the Elderly

Politics and Government

Families

Religion

Education

Health and Medicine

Population, urbanization, and Environment

Collective Behavior and Social Movements

Social Change: Traditional

Filters