Exam 2: Economic Inequality

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A recent national survey found that households with incomes of at least $75,000 are ____ times more likely than those with lower incomes to have internet access?

Free
(Multiple Choice)
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B

According to Gilbert's (2003) class model, the majority of the population falls into:

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Verified

A

Sociologists today generally employ two basic measures to estimate the degree of economic inequality within U.S. society. These are:

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B

Data on income distribution shows that:

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Which of the following is NOT a true statement regarding inheritance in the U.S.?

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Outline the dominant historical trends in wealth distribution in the U.S.

(Essay)
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In 2004, over one quarter of the poorest 20 percent had debts that exceeded 40 percent of their total incomes.

(True/False)
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The _____ view envisions globalization as raising the average economic fortunes of all nations while the ______ view sees globalization as a force that strengthens the opportunities of powerful nations to take advantage of less powerful nations and exploit their labor.

(Multiple Choice)
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Economic and technological developments have become increasingly significant for the changing composition of classes.

(True/False)
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Which figure comes closest to the percentage of the U.S. population who were poor in 2003?

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Examination of occupational shifts during the 1990s suggest that changes have occurred throughout the economy, resulting in:

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Which of the following is a true statement regarding wealth and income?

(Multiple Choice)
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The incomes of most of the poor fall just below the poverty line.

(True/False)
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American sociologists traditionally have conceptualized social class as:

(Multiple Choice)
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You are given the task of assessing the general level of economic well-being across populations within the largest 100 U.S. cities. The only two statistics that you have access to are mean family income and median family income. If you must only use one of these indicators,which would you employ and why?

(Essay)
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Poor countries are more likely to be in favor of globalization because free trade allows their farmers to obtain subsidies.

(True/False)
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Which of the following is NOT a true statement regarding wealth and income inequality?

(Multiple Choice)
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The high level of unionization and the presence of a working-class political party in the United Sates have enabled the development of class solidarity.

(True/False)
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Generally, those in the upper classes are more likely than those in the lower classes to believe there is a greater polarization of income and wealth.

(True/False)
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There appears to be agreement across class models that the upper or capitalist class makes up a large percentage of the population.

(True/False)
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