Question 1

FBI consultant Robert Hare claimed that in the pursuit of profits for shareholders,corporations exhibit many of the same traits as:

Accepted Answer

A)  psychopaths. 
B)  philanthropists. 
C)  narcissists. 
D)  hedonists. 
A)  psychopaths. 
B)  philanthropists. 
C)  narcissists. 
D)  hedonists. A

Question 2

What effect did the agricultural revolution in Europe have on the transition to capitalism? The agricultural revolution in Europe:

Accepted Answer

A)  slowed down the development of capitalism. 
B)  helped capitalism develop. 
C)  occurred thousands of years before capitalism and was unrelated. 
D)  kept the capitalist economies of some countries underdeveloped. 
A)  slowed down the development of capitalism. 
B)  helped capitalism develop. 
C)  occurred thousands of years before capitalism and was unrelated. 
D)  kept the capitalist economies of some countries underdeveloped. B

Question 3

________ trade agreements,such as NAFTA,encourage business at a regional or worldwide level.

Accepted Answer

A)  Unilateral 
B)  Bilateral 
C)  Multilateral 
D)  Polylateral 
A)  Unilateral 
B)  Bilateral 
C)  Multilateral 
D)  Polylateral C

Question 4

With regard to the family wage,women:

Accepted Answer

A)  got paid the same as men if they were single. 
B)  were seen to be working just for "extra money," so they were not paid the same as men. 
C)  actually made more than men,especially if they were single mothers. 
D)  had to marry to get a family wage equal to that of their husbands. 
A)  got paid the same as men if they were single. 
B)  were seen to be working just for "extra money," so they were not paid the same as men. 
C)  actually made more than men,especially if they were single mothers. 
D)  had to marry to get a family wage equal to that of their husbands.

Question 5

Max Weber said that a person who pursues profit removed from any sense of right and wrong has:

Accepted Answer

A)  sunk into alienation. 
B)  embraced the spirit of socialism. 
C)  parceled out his soul. 
D)  engaged in open and free competition. 
A)  sunk into alienation. 
B)  embraced the spirit of socialism. 
C)  parceled out his soul. 
D)  engaged in open and free competition.

Question 6

Some people consider corporations to be "psychopathic" because corporations:

Accepted Answer

A)  routinely kill employees in the name of consensus. 
B)  maintain long-term relationships even when they are harmful. 
C)  have multiple personalities. 
D)  show little regard,remorse,or guilt for harming others. 
A)  routinely kill employees in the name of consensus. 
B)  maintain long-term relationships even when they are harmful. 
C)  have multiple personalities. 
D)  show little regard,remorse,or guilt for harming others.

Question 7

Serfs were the lowest class in the feudal system and were bound to the land they worked,yet they were not slaves.They were different from slaves because they could:

Accepted Answer

A)  own property. 
B)  be sold. 
C)  choose whether to give the lord any of their earnings. 
D)  be traded to other lords. 
A)  own property. 
B)  be sold. 
C)  choose whether to give the lord any of their earnings. 
D)  be traded to other lords.

Question 8

How would you describe recent relations between employers and unions? Employers:

Accepted Answer

A)  embrace unions. 
B)  tolerate unions. 
C)  actively try to undermine unions. 
D)  have eliminated unions. 
A)  embrace unions. 
B)  tolerate unions. 
C)  actively try to undermine unions. 
D)  have eliminated unions.

Question 9

Adam Smith demonstrated with his pin factory example that:

Accepted Answer

A)  capitalism constantly destroys old technologies in favor of new ones. 
B)  factory production cannot create products as desirable as craft production. 
C)  factory production leads to social problems,including alienation and poverty. 
D)  by dividing labor,factory production increases output by making it more efficient. 
A)  capitalism constantly destroys old technologies in favor of new ones. 
B)  factory production cannot create products as desirable as craft production. 
C)  factory production leads to social problems,including alienation and poverty. 
D)  by dividing labor,factory production increases output by making it more efficient.

Question 10

In terms of the evolution of payment and exchange,wage labor is more developed than piecework payment because under wage labor:

Accepted Answer

A)  the employer assumes responsibility for the quality of the raw materials,the technology,and the production process. 
B)  workers are paid not for a direct service but for the sum total of their services. 
C)  workers control the pace and conditions of their labor. 
D)  more personal relationships between worker and employer are created. 
A)  the employer assumes responsibility for the quality of the raw materials,the technology,and the production process. 
B)  workers are paid not for a direct service but for the sum total of their services. 
C)  workers control the pace and conditions of their labor. 
D)  more personal relationships between worker and employer are created.

Question 11

Explain Henry Ford's family wage.How did economists and politicians view women's wages in Ford's time? Why do people today who believe in gender equality see the family wage as problematic?

Accepted Answer

Family wage paid to male workers is suff

Question 12

Offshoring occurs when firms:

Accepted Answer

A)  contract some of their work out to independent foreign companies. 
B)  move all or part of their operations abroad to developing nations. 
C)  actively scan foreign markets for new places to sell goods and services. 
D)  transfer high-level executives abroad to be closer to production. 
A)  contract some of their work out to independent foreign companies. 
B)  move all or part of their operations abroad to developing nations. 
C)  actively scan foreign markets for new places to sell goods and services. 
D)  transfer high-level executives abroad to be closer to production.

Question 13

According to Adam Smith,the most efficient way to produce something is:

Accepted Answer

A)  with the use of skilled craftsmen who control the entire production process. 
B)  with a mechanical assembly line that carries the product to the workers. 
C)  through the use of interchangeable parts. 
D)  through a division of labor that breaks production into its constituent parts. 
A)  with the use of skilled craftsmen who control the entire production process. 
B)  with a mechanical assembly line that carries the product to the workers. 
C)  through the use of interchangeable parts. 
D)  through a division of labor that breaks production into its constituent parts.

Question 14

Corporations are considered people because:

Accepted Answer

A)  people own shares in them. 
B)  they are entities distinct from their owners. 
C)  they originated as family-held firms. 
D)  they can vote. 
A)  people own shares in them. 
B)  they are entities distinct from their owners. 
C)  they originated as family-held firms. 
D)  they can vote.

Question 15

Describe the evolution to capitalism starting with feudalism through the Industrial Revolution.Which two or three changes in social and economic arrangements were most important,and why did they matter?

Accepted Answer

Feudalism is characterized by the presen

Question 16

Georg Simmel saw the development of monetary payment systems as part of a historical evolution leading to:

Accepted Answer

A)  the depersonalization of exchange. 
B)  treating humans like animals. 
C)  a communist society. 
D)  bringing the working class and elites together. 
A)  the depersonalization of exchange. 
B)  treating humans like animals. 
C)  a communist society. 
D)  bringing the working class and elites together.

Question 17

One of the most important changes in the American economy is the creation of the service sector.What is the service sector? What are two important challenges that service workers face,and how are the challenges linked to the nature of the service sector?

Accepted Answer

While it has been historically easier fo

Question 18

Karl Marx felt that workers in a capitalist society were alienated in four ways.List these four ways.For each way,use one of the photographs to explain your answer.You could explain how the factory workers are alienated or how the shoemaker is not alienated.

Accepted Answer

The answer of Karl Marx felt that workers in a...

Question 19

An honorarium is similar to a:

Accepted Answer

A)  wage; you get paid for what you produce. 
B)  gift for something you have agreed to do for someone,like giving a speech. 
C)  salary; you always know what you can expect in the form of money for your service. 
D)  scholarship; you are paid before you have performed your service. 
A)  wage; you get paid for what you produce. 
B)  gift for something you have agreed to do for someone,like giving a speech. 
C)  salary; you always know what you can expect in the form of money for your service. 
D)  scholarship; you are paid before you have performed your service.

Question 20

Sarah has a master's degree in disaster relief but hasn't found work in her field.In the last year,she worked as an Uber driver for several months,then sold honey at a farmer's market,and then found three months' work on a temporary contract with a local publishing company.Sarah is not working full-time in her field; rather,she is underemployed in the:

Accepted Answer

A)  feudal economy. 
B)  postindustrial alienation economy. 
C)  gig economy. 
D)  productivity enhancing sphere. 
A)  feudal economy. 
B)  postindustrial alienation economy. 
C)  gig economy. 
D)  productivity enhancing sphere.

FBI consultant Robert Hare claimed that in the pursuit of profits for shareholders,corporations exhibit many of the same traits as:

What effect did the agricultural revolution in Europe have on the transition to capitalism? The agricultural revolution in Europe:

________ trade agreements,such as NAFTA,encourage business at a regional or worldwide level.

With regard to the family wage,women:

Max Weber said that a person who pursues profit removed from any sense of right and wrong has:

Some people consider corporations to be "psychopathic" because corporations:

Serfs were the lowest class in the feudal system and were bound to the land they worked,yet they were not slaves.They were different from slaves because they could:

How would you describe recent relations between employers and unions? Employers:

Adam Smith demonstrated with his pin factory example that:

In terms of the evolution of payment and exchange,wage labor is more developed than piecework payment because under wage labor:

Explain Henry Ford's family wage.How did economists and politicians view women's wages in Ford's time? Why do people today who believe in gender equality see the family wage as problematic?

Offshoring occurs when firms:

According to Adam Smith,the most efficient way to produce something is:

Corporations are considered people because:

Describe the evolution to capitalism starting with feudalism through the Industrial Revolution.Which two or three changes in social and economic arrangements were most important,and why did they matter?

Georg Simmel saw the development of monetary payment systems as part of a historical evolution leading to:

One of the most important changes in the American economy is the creation of the service sector.What is the service sector? What are two important challenges that service workers face,and how are the challenges linked to the nature of the service sector?

Karl Marx felt that workers in a capitalist society were alienated in four ways.List these four ways.For each way,use one of the photographs to explain your answer.You could explain how the factory workers are alienated or how the shoemaker is not alienated.

An honorarium is similar to a:

The Sociological Imagination: An Introduction

Methods

Culture and Media

Socialization and the Construction of Reality

Groups and Networks

Social Control and Deviance

Stratification

Gender

Race

Poverty

Health and Society

Family

Education

Authority and the State

Religion

Science,the Environment,and Society

Collective Action,Social Movements,and Social Change

Filters

Exam 14: Capitalism and the Economy

FBI consultant Robert Hare claimed that in the pursuit of profits for shareholders,corporations exhibit many of the same traits as:

What effect did the agricultural revolution in Europe have on the transition to capitalism? The agricultural revolution in Europe:

________ trade agreements,such as NAFTA,encourage business at a regional or worldwide level.

With regard to the family wage,women:

Max Weber said that a person who pursues profit removed from any sense of right and wrong has:

Some people consider corporations to be "psychopathic" because corporations:

Serfs were the lowest class in the feudal system and were bound to the land they worked,yet they were not slaves.They were different from slaves because they could:

How would you describe recent relations between employers and unions? Employers:

Adam Smith demonstrated with his pin factory example that:

In terms of the evolution of payment and exchange,wage labor is more developed than piecework payment because under wage labor:

Explain Henry Ford's family wage.How did economists and politicians view women's wages in Ford's time? Why do people today who believe in gender equality see the family wage as problematic?

Offshoring occurs when firms:

According to Adam Smith,the most efficient way to produce something is:

Corporations are considered people because:

Describe the evolution to capitalism starting with feudalism through the Industrial Revolution.Which two or three changes in social and economic arrangements were most important,and why did they matter?

Georg Simmel saw the development of monetary payment systems as part of a historical evolution leading to:

One of the most important changes in the American economy is the creation of the service sector.What is the service sector? What are two important challenges that service workers face,and how are the challenges linked to the nature of the service sector?

Karl Marx felt that workers in a capitalist society were alienated in four ways.List these four ways.For each way,use one of the photographs to explain your answer.You could explain how the factory workers are alienated or how the shoemaker is not alienated.

An honorarium is similar to a:

The Sociological Imagination: An Introduction

Methods

Culture and Media

Socialization and the Construction of Reality

Groups and Networks

Social Control and Deviance

Stratification

Gender

Race

Poverty

Health and Society

Family

Education

Authority and the State

Religion

Science,the Environment,and Society

Collective Action,Social Movements,and Social Change

Filters