Question 1

In discussing women in the global labor market,the text points out that __________.

Accepted Answer

A) good jobs are incompatible with child-rearing roles 
B) some women who are second job holders need that job because the first job is part time and does not provide sufficient earnings to make ends meet 
C) although many women are highly motivated to work,outside employment has not released most of them from household and family tasks 
D) All of the above 
E) None of the above 
A) good jobs are incompatible with child-rearing roles 
B) some women who are second job holders need that job because the first job is part time and does not provide sufficient earnings to make ends meet 
C) although many women are highly motivated to work,outside employment has not released most of them from household and family tasks 
D) All of the above 
E) None of the above D

Question 2

The 2008 economic recession was preceded by an era of financial risk,corporate crime,and lax regulation.Discuss the contribution of these events to the recession.

Accepted Answer

The 2008 economic recession was indeed preceded by an era of financial risk, corporate crime, and lax regulation, all of which contributed significantly to the severity of the recession.

Firstly, financial risk played a major role in the lead up to the recession. Banks and financial institutions engaged in risky lending practices, such as subprime mortgages, which were given to borrowers with poor credit histories. This led to a housing bubble, where home prices were artificially inflated, and when it burst, it triggered a chain reaction of foreclosures and financial losses.

Corporate crime also played a part in the recession, as many financial institutions were found to have engaged in fraudulent activities. This included misrepresenting the quality of mortgage-backed securities, insider trading, and other unethical practices. These actions eroded trust in the financial system, causing investors to panic and withdraw their investments, further destabilizing the economy.

Additionally, lax regulation allowed these risky and criminal activities to go unchecked. Government oversight of financial institutions was weak, and regulatory agencies failed to enforce existing regulations. This lack of oversight allowed the risky lending practices and corporate crime to flourish, ultimately leading to the collapse of major financial institutions and a widespread economic downturn.

In conclusion, the combination of financial risk, corporate crime, and lax regulation created a perfect storm that contributed to the 2008 economic recession. It exposed the weaknesses in the financial system and led to widespread suffering for individuals and businesses around the world. This serves as a stark reminder of the importance of robust regulation and ethical conduct in maintaining a stable and healthy economy.

Question 3

A 1999 survey of workers' problems conducted by the National Institute for Occupational Safety and Health found which of the following to be reaching alarming levels?

Accepted Answer

A) alienation 
B) injury 
C) job stress 
D) job insecurity 
E) none of the above 
A) alienation 
B) injury 
C) job stress 
D) job insecurity 
E) none of the above C

Question 4

The text points out that workers who lose the capacity to express themselves in their work will experience __________.

Accepted Answer

A) job insecurity 
B) alienation 
C) rage syndrome 
D) psychological withdrawal 
E) suicidal tendencies 
A) job insecurity 
B) alienation 
C) rage syndrome 
D) psychological withdrawal 
E) suicidal tendencies

Question 5

The U.S.economy lost about __________ million jobs between December 2007 and October 2009.

Accepted Answer

A) 13.7 
B) 10.9 
C) 7.3 
D) 3.6 
E) 2.4 
A) 13.7 
B) 10.9 
C) 7.3 
D) 3.6 
E) 2.4

Question 6

The total debt held by low-income families in the United States is approaching $__________ billion.

Accepted Answer

A) 200 
B) 400 
C) 700 
D) 800 
E) 900 
A) 200 
B) 400 
C) 700 
D) 800 
E) 900

Question 7

The Frank-Dodd financial overhaul bill was proposed as a measure to put new rules and tools in place to prevent a repeat of the meltdown of 2008 that started the global recession.Which of the following were proposed as regulatory policies in the bill?

Accepted Answer

A) Regulation of the credit and debit card fee systems. 
B) Verification of borrowers' ability to repay loans. 
C) Creation of a federal bureau of Consumer Financial Protection. 
D) Liquidation of failing financial institutions by the FDIC. 
E) All of the above. 
A) Regulation of the credit and debit card fee systems. 
B) Verification of borrowers' ability to repay loans. 
C) Creation of a federal bureau of Consumer Financial Protection. 
D) Liquidation of failing financial institutions by the FDIC. 
E) All of the above.

Question 8

American multinational corporations have increasingly exported capital and jobs.The American workers MOST hurt have had jobs in __________.

Accepted Answer

A) management 
B) service industries 
C) manufacturing 
D) retailing 
E) sales 
A) management 
B) service industries 
C) manufacturing 
D) retailing 
E) sales

Question 9

Which of the following is an example of a massive layoff?

Accepted Answer

A) When an employer lays off employees who are union members. 
B) When an employer lays off employees who don't apply for benefits. 
C) When at least 50 employees are laid off by a single employer. 
D) When an employer lays off at least 10 employees every season. 
E) When unemployment is covered up by the government. 
A) When an employer lays off employees who are union members. 
B) When an employer lays off employees who don't apply for benefits. 
C) When at least 50 employees are laid off by a single employer. 
D) When an employer lays off at least 10 employees every season. 
E) When unemployment is covered up by the government.

Question 10

In 2005,Congress passed the Sarbanes-Oxley bill,which imposes strict reporting requirements on __________.

Accepted Answer

A) managers 
B) accountants 
C) lawyers 
D) corporate leaders and members of corporate boards 
E) physicians 
A) managers 
B) accountants 
C) lawyers 
D) corporate leaders and members of corporate boards 
E) physicians

Question 11

The greatest health hazard in the workplace comes from the __________ industry.

Accepted Answer

A) oil 
B) chemical 
C) electronics 
D) steel 
E) automobile 
A) oil 
B) chemical 
C) electronics 
D) steel 
E) automobile

Question 12

Workers in the Bell Telephone system have blamed which development for eroding the
Family culture of "Ma Bell"?

Accepted Answer

A) computer technology 
B) the shift from manufacturing to service 
C) the increasing specialization of labor 
D) the complexity of the division of labor 
E) unionization 
A) computer technology 
B) the shift from manufacturing to service 
C) the increasing specialization of labor 
D) the complexity of the division of labor 
E) unionization

Question 13

When people refer to the American free-enterprise system,they are talking about an economic system known as __________.

Accepted Answer

A) Keynesianism 
B) capitalism 
C) marketism 
D) modified socialism 
E) oligopoly 
A) Keynesianism 
B) capitalism 
C) marketism 
D) modified socialism 
E) oligopoly

Question 14

By 2007,about __________ percent of the labor force consisted of farming,forestry,and fishing workers.

Accepted Answer

A) 22 
B) 12.2 
C) 9.2 
D) 5.2 
E) 2.2 
A) 22 
B) 12.2 
C) 9.2 
D) 5.2 
E) 2.2

Question 15

__________ workers represent the largest occupational category in the United States today.

Accepted Answer

A) White-collar 
B) Professional 
C) Manufacturing 
D) Agricultural 
E) Blue-collar 
A) White-collar 
B) Professional 
C) Manufacturing 
D) Agricultural 
E) Blue-collar

Question 16

What is automation? What are its major areas? What impacts will it have on the structure of work in the future?

Accepted Answer

Automation refers to the use of technolo

Question 17

There have been major changes in the structure of work in America,as,for example,some jobs increase in number while others decrease their share of the labor force.Describe these changes.How do they affect the opportunities available in the United States?

Accepted Answer

There have been several major changes in

Question 18

The continuing crisis of __________ in the United States accounts for about half of all household bankruptcies.

Accepted Answer

A) home mortgages 
B) credit card debt 
C) auto loans 
D) college loans 
E) health-care coverage 
A) home mortgages 
B) credit card debt 
C) auto loans 
D) college loans 
E) health-care coverage

Question 19

The U.S.Bureau of Labor Statistics estimates that in July 2010,there were a total of ________ mass layoffs in different U.S.communities.

Accepted Answer

A) 150 
B) 200 
C) 307 
D) 620 
E) 890 
A) 150 
B) 200 
C) 307 
D) 620 
E) 890

Question 20

Once the largest occupational category in the United States,__________ are now the smallest.

Accepted Answer

A) manufacturing assemblers 
B) farm workers 
C) sales persons 
D) clerical workers 
E) professional workers 
A) manufacturing assemblers 
B) farm workers 
C) sales persons 
D) clerical workers 
E) professional workers

In discussing women in the global labor market,the text points out that __________.

The 2008 economic recession was preceded by an era of financial risk,corporate crime,and lax regulation.Discuss the contribution of these events to the recession.

A 1999 survey of workers' problems conducted by the National Institute for Occupational Safety and Health found which of the following to be reaching alarming levels?

The text points out that workers who lose the capacity to express themselves in their work will experience __________.

The U.S.economy lost about __________ million jobs between December 2007 and October 2009.

The total debt held by low-income families in the United States is approaching $__________ billion.

The Frank-Dodd financial overhaul bill was proposed as a measure to put new rules and tools in place to prevent a repeat of the meltdown of 2008 that started the global recession.Which of the following were proposed as regulatory policies in the bill?

American multinational corporations have increasingly exported capital and jobs.The American workers MOST hurt have had jobs in __________.

Which of the following is an example of a massive layoff?

In 2005,Congress passed the Sarbanes-Oxley bill,which imposes strict reporting requirements on __________.

The greatest health hazard in the workplace comes from the __________ industry.

Workers in the Bell Telephone system have blamed which development for eroding the Family culture of "Ma Bell"?

When people refer to the American free-enterprise system,they are talking about an economic system known as __________.

By 2007,about __________ percent of the labor force consisted of farming,forestry,and fishing workers.

__________ workers represent the largest occupational category in the United States today.

What is automation? What are its major areas? What impacts will it have on the structure of work in the future?

There have been major changes in the structure of work in America,as,for example,some jobs increase in number while others decrease their share of the labor force.Describe these changes.How do they affect the opportunities available in the United States?

The continuing crisis of __________ in the United States accounts for about half of all household bankruptcies.

The U.S.Bureau of Labor Statistics estimates that in July 2010,there were a total of ________ mass layoffs in different U.S.communities.

Once the largest occupational category in the United States,__________ are now the smallest.

Sociological Perspective on Social Problems

Problems of Health and Healthcare

Problems of Mental Illness and Treatment

Alcohol and Other Drugs

Crime and Violence

Poverty and Affluence

Racism, Prejudice, and Discrimination

Gender and Sexuality

An Aging Society

The Changing Family

Problems of Education

Population and Immigration

Technology and the Environment

War and Global Insecurity

Filters

Exam 12: Problems of Work and the Economy

In discussing women in the global labor market,the text points out that __________.

The 2008 economic recession was preceded by an era of financial risk,corporate crime,and lax regulation.Discuss the contribution of these events to the recession.

A 1999 survey of workers' problems conducted by the National Institute for Occupational Safety and Health found which of the following to be reaching alarming levels?

The text points out that workers who lose the capacity to express themselves in their work will experience __________.

The U.S.economy lost about __________ million jobs between December 2007 and October 2009.

The total debt held by low-income families in the United States is approaching $__________ billion.

The Frank-Dodd financial overhaul bill was proposed as a measure to put new rules and tools in place to prevent a repeat of the meltdown of 2008 that started the global recession.Which of the following were proposed as regulatory policies in the bill?

American multinational corporations have increasingly exported capital and jobs.The American workers MOST hurt have had jobs in __________.

Which of the following is an example of a massive layoff?

In 2005,Congress passed the Sarbanes-Oxley bill,which imposes strict reporting requirements on __________.

The greatest health hazard in the workplace comes from the __________ industry.

Workers in the Bell Telephone system have blamed which development for eroding the Family culture of "Ma Bell"?

When people refer to the American free-enterprise system,they are talking about an economic system known as __________.

By 2007,about __________ percent of the labor force consisted of farming,forestry,and fishing workers.

__________ workers represent the largest occupational category in the United States today.

What is automation? What are its major areas? What impacts will it have on the structure of work in the future?

There have been major changes in the structure of work in America,as,for example,some jobs increase in number while others decrease their share of the labor force.Describe these changes.How do they affect the opportunities available in the United States?

The continuing crisis of __________ in the United States accounts for about half of all household bankruptcies.

The U.S.Bureau of Labor Statistics estimates that in July 2010,there were a total of ________ mass layoffs in different U.S.communities.

Once the largest occupational category in the United States,__________ are now the smallest.

Sociological Perspective on Social Problems

Problems of Health and Healthcare

Problems of Mental Illness and Treatment

Alcohol and Other Drugs

Crime and Violence

Poverty and Affluence

Racism, Prejudice, and Discrimination

Gender and Sexuality

An Aging Society

The Changing Family

Problems of Education

Population and Immigration

Technology and the Environment

War and Global Insecurity

Filters