Question 1

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

Accepted Answer

A) True 
 B)False

Question 2

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

Accepted Answer

A) True 
 B)False

Question 3

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

Accepted Answer

A)  Computers are deskilling labor.
B)  Computers are limiting workplace interaction.
C)  Computers enhance employers' control of workers.
D)  All of these responses are correct.E) None of the above
F) B) and D)

Question 4

As a social institution,the economy

Accepted Answer

A)  produces goods and services.
B)  guides the consumption of goods and services.
C)  distributes goods and services.
D)  All of these responses are correct.E) A) and B)
F) A) and C)

Question 5

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

Accepted Answer

A)  the family
B)  the economy
C)  the political system
D)  religionE) None of the above
F) A) and B)

Question 6

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

Accepted Answer

A)  collective needs; personal needs
B)  freedom from basic want; freedom to pursue their self-interest
C)  freedom to pursue their self-interest; freedom from basic want
D)  social needs; material needsE) A) and C)
F) All of the above

Question 7

Contrasted to socialist economic systems,capitalist economic systems are typically

Accepted Answer

A)  equally productive.
B)  more productive.
C)  less productive.
D)  not concerned with productivity.E) A) and D)
F) All of the above

Question 8

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

Accepted Answer

A) True 
 B)False

Question 9

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

Accepted Answer

A) True 
 B)False

Question 10

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

Accepted Answer

A)  the family
B)  the economy
C)  the political system
D)  religionE) A) and C)
F) B) and C)

Question 11

Capitalism is an economic system in which there is

Accepted Answer

A)  government control of production.
B)  private ownership of property.
C)  pursuit of collective goals.
D)  All of these responses are correct.E) A) and C)
F) B) and D)

Question 12

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

Accepted Answer

A) True 
 B)False

Question 13

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

Accepted Answer

A)  white men
B)  Hispanic women
C)  white women
D)  African American womenE) A) and D)
F) None of the above

Question 14

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

Accepted Answer

A) True 
 B)False

Question 15

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

Accepted Answer

A) True 
 B)False

Question 16

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

Accepted Answer

A)  the Agricultural Revolution
B)  the Industrial Revolution
C)  the Immigration Revolution
D)  the Information RevolutionE) B) and D)
F) A) and D)

Question 17

Most self-employed persons are professionals.

Accepted Answer

A) True 
 B)False

Question 18

The concept "primary labor market" refers to jobs that

Accepted Answer

A)  provide extensive benefits to workers.
B)  are typically taken by teenagers.
C)  require no particular training or experience.
D)  offer little pay and low security.E) B) and D)
F) C) and D)

Question 19

In a capitalist economic system,"justice" amounts to

Accepted Answer

A)  doing what is best for society's poorest members.
B)  everyone being more or less economically equal.
C)  freedom of the marketplace allowing people to follow their self-interest.
D)  All of these responses are correct.E) B) and D)
F) All of the above

Question 20

Which of the following DOES NOT describe the operation of a socialist economy?

Accepted Answer

A)  collective orientation
B)  government control of production
C)  laissez-faire economy
D)  command economyE) B) and C)
F) A) and C)

Exam 16: The Economy and Work

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

Correct AnswerverifiedShow Answer

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

Correct AnswerverifiedShow Answer

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

Correct AnswerverifiedShow Answer

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

Correct AnswerverifiedShow Answer

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

Correct AnswerverifiedShow Answer

Capitalism is an economic system in which there is

Correct AnswerverifiedShow Answer

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

Correct AnswerverifiedShow Answer

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

Correct AnswerverifiedShow Answer

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

Correct AnswerverifiedShow Answer

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

Correct AnswerverifiedShow Answer

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

Correct AnswerverifiedShow Answer

Which of the following DOES NOT describe the operation of a socialist economy?

Correct AnswerverifiedShow Answer

Most self-employed persons are professionals.

Correct AnswerverifiedShow Answer

In a capitalist economic system,"justice" amounts to

Correct AnswerverifiedShow Answer

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

Correct AnswerverifiedShow Answer

The concept "primary labor market" refers to jobs that

Correct AnswerverifiedShow Answer

As a social institution,the economy

Correct AnswerverifiedShow Answer

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

Correct AnswerverifiedShow Answer

Contrasted to socialist economic systems,capitalist economic systems are typically

Correct AnswerverifiedShow Answer

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

Correct AnswerverifiedShow Answer

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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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