Exam 10: Work and the Economy

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In the context of employee ownership, which of the following statements is true about direct ownership?

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C

Many observers argue that globalization has led to a growing gap between the rich and poor globally.

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True

Initially, the United States was a(n) _____ society.

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agrarian

All civilians who are employed or unemployed but able and desiring to work is called _____.

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An economic system in which there is private, rather than state, ownership of wealth and control of the production and distribution of goods is called _____.

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Since 1960, the proportion of workers who are members of unions has increased.

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According to _____, in a capitalist society the worker is estranged from his or her own labor.

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The negative attitudes that many Americans have about unions sometimes lead them into the _____.

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When unemployment is high for particular groups but not others, it is called _____.

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Which of the following skills will workers need in the future?

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To say that Americans today "just don't want to work anymore" is the _____.

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According to _____, alienation is an objective phenomenon.

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In the year 2010, which of the following countries had the lowest unemployment rate?

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In a 2011 Gallup poll, roughly _____ percent of workers surveyed said they were satisfied with their jobs.

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Which of the following changes has occurred because of the global economy?

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The workplace death rate has been cut by more than half since 1970 by _____.

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Amin (2004) argued that globalization has led to _____.

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In the context of an employee stock ownership plan (ESOP), _____ allows employees to acquire some portion of shares over time as stock is transferred to them as a part of their benefits.

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According to _____, the worker is estranged from his or her own labor in a capitalist society.

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In the context of an employee stock ownership plan (ESOP), _____ allows employees to get votes in accord with the number of shares they hold.

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