Exam 10: Work and the Economy

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The notion that your sense of worth and the satisfaction of your needs are intricately related to the kind of work that you do is called _____.

(Multiple Choice)
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By 2015, _____ percent of wage and salary workers were union members.

(Multiple Choice)
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In recent years, the United States has moved into a(n) _____ society.

(Multiple Choice)
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Globalization means that businesses find low-skilled workers in other nations who work for lower pay than Americans.

(True/False)
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When executives downsize an organization causing thousands of people to lose their job, many times the executive is rewarded with bonuses for saving the company money.

(True/False)
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All civilians who are employed or unemployed but able and desiring to work is called _____.

(Multiple Choice)
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Working full-time for poverty wages is called _____.

(Short Answer)
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People who are underemployed, in the sense of being overeducated and overqualified for their jobs, are:

(Multiple Choice)
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Two researchers, Dixon and Van Horn (2003), looked at work in the early 2000s and called it the era of _____.

(Multiple Choice)
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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 _____.

(Short Answer)
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The notion that your sense of worth and the satisfaction of your needs are intricately related to the kind of work you do is called _____.

(Short Answer)
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In the context of interpersonal relationships, researchers have found that shift work tends to _____.

(Multiple Choice)
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Which of the following terms refers to the separation of work into specialized tasks?

(Multiple Choice)
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In the future, workers will need verbal, math, and _____ skills.

(Short Answer)
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Work can have a negative impact on both the emotional and the physical well-being of workers.

(True/False)
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When a company or corporation reduces the labor force, it is called _____.

(Multiple Choice)
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In a pure capitalist system, government involvement in the economy is _____.

(Multiple Choice)
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In simplest terms, globalization of the economy means _____.

(Multiple Choice)
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In _____, people are motivated by profit and compete with each other for maximum shares of profit.

(Multiple Choice)
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Which of the following problems can be a result of unemployment?

(Multiple Choice)
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