Exam 13: The Economy

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Interlocking directorates refers to the linkage between corporations that results when an individual serves on the board of directors of two companies.

(True/False)
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Alienation on a personal level shows itself by________.

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Approximately 1,000 workers die each year from on-the-job injuries.

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There is a significant correspondence between one's location in the dual labor market and one's social class.

(True/False)
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The safety of the workplace has diminished as a result of a decline in union membership.

(True/False)
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Identify which of the following is not a factor contributing to discrimination in the workplace.

(Multiple Choice)
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When an employer threatens workers with reprisals as a response to increased employee demands, the employer is utilizing the management tool of extortion.

(True/False)
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A commonly-held belief about the positive consequence of unemployment is that ________.

(Multiple Choice)
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The use of lie detectors to assess worker loyalty, the use of psychological and drug tests to screen applicants for work, and the use of closed-circuit television and two-way mirrors are examples of ________.

(Multiple Choice)
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The specialized labor market is the term used to describe dividing the capitalist economy into two separate sectors that have different characteristics, different roles, and different rewards for laborers within each.

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Individualized training of personnel to increase cognitive skills is part of the procedures of scientific management.

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The socialist principle of ________ opposes the heart of capitalism.

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A sweatshop is ________.

(Multiple Choice)
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Discuss how the world of work has changed in the new economy and what the possible consequences of those changes might be.

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