Exam 10: Work and Wealth

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The ________________refers to service workers who make a living doing short-term jobs for a variety of clients.

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gig economy

The first people to adopt a new technology are those who have more money. As the technology matures, its price drops dramatically, enabling more people to acquire it. This process is called________________ .

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technological diffusion

The percentage of American workers involved in the________ industry has dropped from 35 percent in 1947 to 10 percent in 2009.

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manufacturing

In 2015 the Federal Communications Commission issued the Open Internet Order in order to________________ .

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Supply-chain automation

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An arrangement where employees spend a significant portion of their work day at a distance from the employer or traditional place of work is called ________.

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According to sociologist Max Weber, the growth of capitalism was stimulated by a new attitude toward work brought about by

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A personal AI is

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Productivity in the United States doubled between 1948 and 1990. However, the work week didn't get shorter because

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The process of creating a worldwide network of businesses and markets is called________ .

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Productivity in the United States doubled between 1948 and 1990. This productivity increase translated into a higher ________________for the average American.

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In 2001 Swedish appliance maker Electrolux introduced a domestic robotic ________.

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When one store stays open late to gain an advantage, its competitors begin to stay open late, too. At this point the first store is no better off than it was before, but now every store has additional expenses. This illustration is an example of what Frank and Cook call a

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Artificial intelligence is the field of computer science and engineering that focuses on ways to get machines to exhibit

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Many software jobs are moving from the United States to India because India has many qualified computer programmers and ________________.

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One way automation can lead to the creation of new jobs is by

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The situation where some people have access to modern information technology and others do not has been given the label "________________."

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The process by which a new technology is assimilated into a society is called

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In 1997 IBM supercomputer Deep Blue

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Globalization is

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