Exam 13: The Economy

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S. corporations are shifting their assets outside the United States because________.

(Multiple Choice)
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Segmentation is the term used to refer to the separation of human beings from each other, from themselves, and from the products they create.

(True/False)
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Government protectionism is a key condition that must be present for pure capitalism to exist.

(True/False)
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Discuss discrimination in the workplace and how the mechanisms that operate to perpetuate it also maintain economic inequality.

(Essay)
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On a personal level, alienation shows itself by absenteeism.

(True/False)
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A ________ refers to the situation when four or fewer firms supply 50 percent or more of a particular market.

(Multiple Choice)
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Traditionally, manufacturing job sites have been prounion and service job sites have been nonunion.

(True/False)
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Laissez-faire refers to a government policy of control of the marketplace.

(True/False)
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The retired, the disabled, and those in school are included in the unemployed category.

(True/False)
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According to Robert Heilbroner, the change that is coming as a response to the lack of planning of the economy will be convulsive.

(True/False)
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The economy of the United States is purely capitalistic.

(True/False)
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Industrialized societies organize their economic activities according to either ________ or ________.

(Multiple Choice)
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Discuss the segmented labor market and the role it plays in U.S. capitalism and the perpetuation of inequality.

(Essay)
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What was the emphasis of scientific management?

(Short Answer)
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As a result of the decline in union membership, ________.

(Multiple Choice)
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Which of the following is not a condition that must be present for socialism to exist?

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Scientific management stressed specialization which resulted in enhanced skills in the workforce.

(True/False)
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________ is necessary under socialism since representatives must be answerable and responsive to the wishes of the public they serve.

(Multiple Choice)
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The fact that work in factories is sometimes difficult, often tedious, and usually boring and there is always the threat of lowered productivity and worker unrest is evidence of the difficulties associated with industrialization.

(True/False)
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________ are social arrangements that channel behavior in prescribed ways in the important areas of social life.

(Multiple Choice)
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