Deck 9: Social Stratification, inequality, and Poverty

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Question
Social stratification is the systematic study of social inequality.
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Question
According to Forbes magazine,Bill Gates is richest person in the world as of March 2012.
Question
The more relevant statistic for assessing annual household incomes is by utilizing the mean rather than the media.
Question
The premise of socioeconomic status (SES)is to utilize multiple dimensions,such as income,education,and occupation,to study social class.
Question
Comparing one's income to that of others is the basic premise of absolute poverty.
Question
Meritocracy is a system in which rewards and positions are based on one's personal connections.
Question
A progressive tax system is a system in which everyone,regardless of social class,pays the same tax rate.
Question
Income refers to the net value of assets owned by individuals or families.
Question
The dominant system of inequality throughout the world prior to capitalism was postindustrialization.
Question
The primary way in which most middle-class Americans accumulate wealth is through net financial assets (NFA).
Question
Sociologists prefer to focus on a person's occupation in adulthood in order to study social class.
Question
Apple is one of the few companies that manufactures and assembles products in the United States.
Question
According to the official definition of poverty,about 15 percent of Americans lived in poverty in 2010.
Question
An immobile society can become a caste society.
Question
The Communist Manifesto was authored by Karl Marx and Friedrich Engels.
Question
Wealth refers to the net value of assets owned by individuals or families.
Question
A correlation of zero between parents' income and their children's income means that there is no connection whatsoever between them.
Question
Skill-biased technological change (SBTC)refers to the ways in which technological advancements create jobs that require high skill.
Question
A high-mobility society is one where there is little connection between parents' and children's place in life.
Question
According to Karl Marx,those who provide labor are the proletariat.
Question
Why is it more relevant,from a sociological point of view,to assess family incomes by looking at the median instead of the mean?

A)The gap between the richest individuals and everyone else has increased significantly.
B)The gap between the richest individuals and everyone else has never been so narrow.
C)The mean is principally used to define population size.
D)In order to employ the Gini Index,the mean must be calculated.
Question
A measure of the minimum requirements needed for people to have the basic standards of food,clothing,and shelter is what sociologists mean by absolute poverty.
Question
__________ is the study of social inequality and the distribution of goods,resources,and power.

A)Social mobility
B)Social stratification
C)Social differentiation
D)Social status
Question
According to Forbes magazine,in 2012,the richest individual in the world was _________.

A)American
B)Chinese
C)Indian
D)Mexican
Question
Among the working poor,even those who work at full-time jobs may not make enough to rise above the poverty line.
Question
In hunting and gathering societies,the__________,also referred to as the medicine man,had special privileges.

A)shaman
B)serf
C)tribal chief
D)master
Question
The problem of homelessness grew considerably in the 1960s.
Question
The average income per person in the United States by 2008 was about __________.

A)$23,000
B)$31,000
C)$40,000
D)$53,000
Question
The concept of __________ is at the heart of the study of social stratification.

A)social class
B)consumption patterns
C)Gini values
D)social inequality
Question
The dominant system of inequality prior to the advent of capitalism is known as __________.

A)slavery
B)the caste system
C)the class system
D)feudalism
Question
In 2010,approximately 40 percent of children under the age of 18 lived in poverty.
Question
In the United States,the median family income is __________ as the average family income.

A)vastly below
B)about the same
C)above
D)vastly above
Question
The life expectancy at birth in Medieval England was about __________ years.

A)20
B)30
C)40
D)50
Question
The industrial revolution brought about rapid and sustained economic growth,allowing for societies as a whole to get richer and for __________.

A)modest changes in equality to disappear
B)vastly greater inequalities to dissolve
C)modest changes in equality to arise
D)vastly greater inequalities to emerge
Question
According to U.S.Census Bureau data from 2010,the top 5 percent of Americans had family incomes above __________,whereas the bottom 20 percent had earnings under __________.

A)$180,000;$21,000
B)$200,000;$21,000
C)$220,000;$16,000
D)$240,000;$16,000
Question
Under feudalism,the laborers who were obligated to work for landowners were called __________.

A)proletarians
B)the bourgeoisie
C)serfs
D)slaves
Question
The median family income in the United States in 2009 was approximately __________.

A)$40,000
B)$50,000
C)$60,000
D)$70,000
Question
The trend in which a disproportionate amount of the poor are female-headed households is known as the feminization of poverty.
Question
__________ had the fewest opportunities for social inequality to emerge.

A)Feudal societies
B)Industrial societies
C)Hunting and gathering societies
D)Agrarian societies
Question
_________have no rights of citizenship and are compelled to work for others.

A)Slaves
B)Serfs
C)Shamans
D)Proletarians
Question
Net financial assets include all of the following except __________.

A)savings
B)investments
C)convertible assets minus debts
D)underground earnings
Question
The primary way in which most Americans accumulate wealth is through __________.

A)retirement accounts
B)investments
C)home ownership
D)net financial assets
Question
Who theorized that the critical divisions between classes were the result of the economic system?

A)Max Weber
B)Emile Durkheim
C)Ralf Dahrendorf
D)Karl Marx
Question
Two billion of the world's poor live on less than __________ a day.

A)$10
B)$8
C)$5
D)$2
Question
Most people,before retirement age,get most or all of their income from __________.

A)their jobs
B)income transfers from the government (such as Social Security)
C)investments
D)inheritances
Question
The top 1 percent of the world's population controls _________ percent of the entire world's wealth.

A)12
B)22
C)32
D)45
Question
Which of the following groups of people is NOT characteristic of class?

A)people with similar economic situations
B)people with similar opportunities in life
C)people with diverse attitudes and behaviors
D)people who have the potential to engage in collective action
Question
Well-being includes all of the following aspects of everyday life EXCEPT __________.

A)access to healthcare
B)safety from crime and violence
C)one's general level of happiness
D)loan repayment schedules
Question
The study of the distinctions among different social classes is called __________.

A)social differentiation
B)social stratification
C)class analysis
D)consumption analysis
Question
One justification of inequality cited in The Sociology Project is associated with the desirability of ensuring that __________.

A)continual class conflict spurs social change
B)talented people are properly incentivized
C)people are able to freely choose which employers they work for
D)competition for work is stiffest at the highest salary levels
Question
The second and third richest people in the world in 2012 were Americans __________.

A)Warren Buffett and Mark Zuckerberg
B)Oprah Winfrey and David Koch
C)Bill Gates and Oprah Winfrey
D)Bill Gates and Warren Buffett
Question
__________ is a designation of class that considers income,occupation,and salary.

A)Life chance
B)Socioeconomic status
C)Consumption utility
D)Class analysis
Question
Which of the following class schemes is NOT one of the five core classes identified by Erikson and Goldthorpe?

A)the self-employed versus those employed by others
B)the creative versus the noncreative
C)supervisors versus those without supervisory responsibilities
D)skilled manual laborers versus unskilled laborers
Question
Between 1975 and 2008,household debt for middle-class families __________.

A)declined
B)declined,but only moderately so
C)soared
D)began leveling off
Question
Illegal or "underground" earnings from crime or from untaxed (undeclared)work or activity are __________.

A)considered as income
B)not considered as income
C)considered as wealth
D)considered neither income nor wealth
Question
__________ refers to the receipt of money over a period of time,whereas __________ refers to the net value of assets that one has at a given point in time.

A)Wealth;income
B)Income;wealth
C)Capital;wealth
D)Wealth;salary
Question
The bottom 30 percent of the world's population controls less than __________ percent of the world's wealth.

A)1
B)10
C)15
D)25
Question
Defenders of inequality often point to __________ in their arguments against using legislation to make society more equal.

A)Sweden
B)the former Soviet Union
C)the Confederate States of America
D)the People's Republic of China
Question
For poor and middle-class families,consumption often __________ reported income.

A)is less than
B)exceeds
C)is about equal to
D)is not correlated to
Question
In Marxist terms,the important distinction between classes was between the __________ and the __________.

A)proletariat;bourgeoisie
B)capitalists;bourgeoisie
C)proletariat;serfs
D)serfs;bourgeoisie
Question
The Federal Income Tax was established permanently by the __________

A)12ᵗʰ Amendment
B)14th Amendment
C)Bill of Rights
D)16ᵗʰ Amendment
Question
Compared with other countries of the world,the Gini Index for the United States is about equal to the scores of __________.

A)France,Germany,and the United Kingdom
B)Botswana,Sierra Leone,South Africa,
C)Argentina,Iran,and Nigeria
D)Denmark,Norway,and Sweden
Question
Psychologists agree that talent is something that people __________.

A)can acquire
B)cannot acquire
C)cannot acquire without monetary incentives
D)are born with
Question
The majority of minimum-wage employees are __________.

A)teenagers
B)whites
C)Hispanic
D)adults
Question
Apple Computer manufactures all iPads and iPhones in __________.

A)China
B)China and India
C)China,Mexico,and the Philippines
D)China,Mexico,and the United States
Question
The efficiency justification of inequality is associated with the idea that __________.

A)the possibility of disproportionate rewards motivates individuals to take risks
B)people are free to develop their own talents
C)markets have the ability to develop new business models
D)markets can develop unimpeded by government intervention
Question
The higher the income share of the wealthiest 10 percent in a society __________.

A)the more equal that society is likely to be
B)the less equal that society is likely to be
C)the less efficient that society is likely to be
D)the more efficient that society is likely to be
Question
Countries where disparities between the poor and the rich are small are called __________.

A)equilateral
B)equalitarian
C)egalitarian
D)efficient
Question
Compared with the wealthiest 10 percent of present-day Americans,the wealthiest 10 percent of Americans in the 1920s received _________ of national income.

A)a smaller share
B)a larger share
C)a much larger share
D)about the same share
Question
On the Gini Index,which measures income inequality,a score of 1 indicates __________.

A)complete inequality
B)complete equality
C)average levels of inequality
D)moderately high levels of inequality
Question
__________ is a measure of the output per worker per hour.

A)Productivity
B)Progressivity
C)Production efficiency
D)Labor efficiency
Question
Comparative data indicate that,of all the following countries,only __________ is not considered egalitarian.

A)Sweden
B)Norway
C)the United States
D)Denmark
Question
In a perfectly equal society,the income share of the wealthiest one-tenth of families would be equal to __________ percent of the national income.

A)one-tenth of 1
B)1
C)10
D)20
Question
The premise of the __________ is that billionaires,millionaires,and all those at the top of the income ladder are expected to pay more in taxes than minimum-wage employees.

A)Gini Index
B)Lorenz curve
C)correlation coefficients
D)progressive tax system
Question
SBTC is an acronym sociologists use for __________.

A)skill-based technological change
B)sustainable business tax credits
C)small business technology councils
D)skill-biased technological change
Question
In the 1960s,the U.S.government launched the __________,a policy initiative to reduce poverty and racial inequality.

A)Great Deal
B)Great Society
C)New Deal
D)New Society
Question
In general,technology __________ jobs that require higher levels of education while it __________ jobs that require middle and lower levels of education.

A)replaces;complements
B)complements;replaces
C)raises wages for;lowers wage for
D)lowers wages for;raises wages for
Question
When is the value of the minimum wage likely to decrease?

A)when productivity declines
B)when productivity increases
C)when inflation increases
D)when prices deflate
Question
The larger the Gini Index,______________.

A)the more equality a region has
B)the more inequality a region has
C)the more unemployed people a region has
D)the more employed people a region has
Question
As a result of economic restructuring,average wages have __________ since the 1970s.

A)increased
B)decreased
C)stagnated
D)increased then sharply declined
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Deck 9: Social Stratification, inequality, and Poverty
1
Social stratification is the systematic study of social inequality.
True
2
According to Forbes magazine,Bill Gates is richest person in the world as of March 2012.
False
3
The more relevant statistic for assessing annual household incomes is by utilizing the mean rather than the media.
False
4
The premise of socioeconomic status (SES)is to utilize multiple dimensions,such as income,education,and occupation,to study social class.
Unlock Deck
Unlock for access to all 125 flashcards in this deck.
Unlock Deck
k this deck
5
Comparing one's income to that of others is the basic premise of absolute poverty.
Unlock Deck
Unlock for access to all 125 flashcards in this deck.
Unlock Deck
k this deck
6
Meritocracy is a system in which rewards and positions are based on one's personal connections.
Unlock Deck
Unlock for access to all 125 flashcards in this deck.
Unlock Deck
k this deck
7
A progressive tax system is a system in which everyone,regardless of social class,pays the same tax rate.
Unlock Deck
Unlock for access to all 125 flashcards in this deck.
Unlock Deck
k this deck
8
Income refers to the net value of assets owned by individuals or families.
Unlock Deck
Unlock for access to all 125 flashcards in this deck.
Unlock Deck
k this deck
9
The dominant system of inequality throughout the world prior to capitalism was postindustrialization.
Unlock Deck
Unlock for access to all 125 flashcards in this deck.
Unlock Deck
k this deck
10
The primary way in which most middle-class Americans accumulate wealth is through net financial assets (NFA).
Unlock Deck
Unlock for access to all 125 flashcards in this deck.
Unlock Deck
k this deck
11
Sociologists prefer to focus on a person's occupation in adulthood in order to study social class.
Unlock Deck
Unlock for access to all 125 flashcards in this deck.
Unlock Deck
k this deck
12
Apple is one of the few companies that manufactures and assembles products in the United States.
Unlock Deck
Unlock for access to all 125 flashcards in this deck.
Unlock Deck
k this deck
13
According to the official definition of poverty,about 15 percent of Americans lived in poverty in 2010.
Unlock Deck
Unlock for access to all 125 flashcards in this deck.
Unlock Deck
k this deck
14
An immobile society can become a caste society.
Unlock Deck
Unlock for access to all 125 flashcards in this deck.
Unlock Deck
k this deck
15
The Communist Manifesto was authored by Karl Marx and Friedrich Engels.
Unlock Deck
Unlock for access to all 125 flashcards in this deck.
Unlock Deck
k this deck
16
Wealth refers to the net value of assets owned by individuals or families.
Unlock Deck
Unlock for access to all 125 flashcards in this deck.
Unlock Deck
k this deck
17
A correlation of zero between parents' income and their children's income means that there is no connection whatsoever between them.
Unlock Deck
Unlock for access to all 125 flashcards in this deck.
Unlock Deck
k this deck
18
Skill-biased technological change (SBTC)refers to the ways in which technological advancements create jobs that require high skill.
Unlock Deck
Unlock for access to all 125 flashcards in this deck.
Unlock Deck
k this deck
19
A high-mobility society is one where there is little connection between parents' and children's place in life.
Unlock Deck
Unlock for access to all 125 flashcards in this deck.
Unlock Deck
k this deck
20
According to Karl Marx,those who provide labor are the proletariat.
Unlock Deck
Unlock for access to all 125 flashcards in this deck.
Unlock Deck
k this deck
21
Why is it more relevant,from a sociological point of view,to assess family incomes by looking at the median instead of the mean?

A)The gap between the richest individuals and everyone else has increased significantly.
B)The gap between the richest individuals and everyone else has never been so narrow.
C)The mean is principally used to define population size.
D)In order to employ the Gini Index,the mean must be calculated.
Unlock Deck
Unlock for access to all 125 flashcards in this deck.
Unlock Deck
k this deck
22
A measure of the minimum requirements needed for people to have the basic standards of food,clothing,and shelter is what sociologists mean by absolute poverty.
Unlock Deck
Unlock for access to all 125 flashcards in this deck.
Unlock Deck
k this deck
23
__________ is the study of social inequality and the distribution of goods,resources,and power.

A)Social mobility
B)Social stratification
C)Social differentiation
D)Social status
Unlock Deck
Unlock for access to all 125 flashcards in this deck.
Unlock Deck
k this deck
24
According to Forbes magazine,in 2012,the richest individual in the world was _________.

A)American
B)Chinese
C)Indian
D)Mexican
Unlock Deck
Unlock for access to all 125 flashcards in this deck.
Unlock Deck
k this deck
25
Among the working poor,even those who work at full-time jobs may not make enough to rise above the poverty line.
Unlock Deck
Unlock for access to all 125 flashcards in this deck.
Unlock Deck
k this deck
26
In hunting and gathering societies,the__________,also referred to as the medicine man,had special privileges.

A)shaman
B)serf
C)tribal chief
D)master
Unlock Deck
Unlock for access to all 125 flashcards in this deck.
Unlock Deck
k this deck
27
The problem of homelessness grew considerably in the 1960s.
Unlock Deck
Unlock for access to all 125 flashcards in this deck.
Unlock Deck
k this deck
28
The average income per person in the United States by 2008 was about __________.

A)$23,000
B)$31,000
C)$40,000
D)$53,000
Unlock Deck
Unlock for access to all 125 flashcards in this deck.
Unlock Deck
k this deck
29
The concept of __________ is at the heart of the study of social stratification.

A)social class
B)consumption patterns
C)Gini values
D)social inequality
Unlock Deck
Unlock for access to all 125 flashcards in this deck.
Unlock Deck
k this deck
30
The dominant system of inequality prior to the advent of capitalism is known as __________.

A)slavery
B)the caste system
C)the class system
D)feudalism
Unlock Deck
Unlock for access to all 125 flashcards in this deck.
Unlock Deck
k this deck
31
In 2010,approximately 40 percent of children under the age of 18 lived in poverty.
Unlock Deck
Unlock for access to all 125 flashcards in this deck.
Unlock Deck
k this deck
32
In the United States,the median family income is __________ as the average family income.

A)vastly below
B)about the same
C)above
D)vastly above
Unlock Deck
Unlock for access to all 125 flashcards in this deck.
Unlock Deck
k this deck
33
The life expectancy at birth in Medieval England was about __________ years.

A)20
B)30
C)40
D)50
Unlock Deck
Unlock for access to all 125 flashcards in this deck.
Unlock Deck
k this deck
34
The industrial revolution brought about rapid and sustained economic growth,allowing for societies as a whole to get richer and for __________.

A)modest changes in equality to disappear
B)vastly greater inequalities to dissolve
C)modest changes in equality to arise
D)vastly greater inequalities to emerge
Unlock Deck
Unlock for access to all 125 flashcards in this deck.
Unlock Deck
k this deck
35
According to U.S.Census Bureau data from 2010,the top 5 percent of Americans had family incomes above __________,whereas the bottom 20 percent had earnings under __________.

A)$180,000;$21,000
B)$200,000;$21,000
C)$220,000;$16,000
D)$240,000;$16,000
Unlock Deck
Unlock for access to all 125 flashcards in this deck.
Unlock Deck
k this deck
36
Under feudalism,the laborers who were obligated to work for landowners were called __________.

A)proletarians
B)the bourgeoisie
C)serfs
D)slaves
Unlock Deck
Unlock for access to all 125 flashcards in this deck.
Unlock Deck
k this deck
37
The median family income in the United States in 2009 was approximately __________.

A)$40,000
B)$50,000
C)$60,000
D)$70,000
Unlock Deck
Unlock for access to all 125 flashcards in this deck.
Unlock Deck
k this deck
38
The trend in which a disproportionate amount of the poor are female-headed households is known as the feminization of poverty.
Unlock Deck
Unlock for access to all 125 flashcards in this deck.
Unlock Deck
k this deck
39
__________ had the fewest opportunities for social inequality to emerge.

A)Feudal societies
B)Industrial societies
C)Hunting and gathering societies
D)Agrarian societies
Unlock Deck
Unlock for access to all 125 flashcards in this deck.
Unlock Deck
k this deck
40
_________have no rights of citizenship and are compelled to work for others.

A)Slaves
B)Serfs
C)Shamans
D)Proletarians
Unlock Deck
Unlock for access to all 125 flashcards in this deck.
Unlock Deck
k this deck
41
Net financial assets include all of the following except __________.

A)savings
B)investments
C)convertible assets minus debts
D)underground earnings
Unlock Deck
Unlock for access to all 125 flashcards in this deck.
Unlock Deck
k this deck
42
The primary way in which most Americans accumulate wealth is through __________.

A)retirement accounts
B)investments
C)home ownership
D)net financial assets
Unlock Deck
Unlock for access to all 125 flashcards in this deck.
Unlock Deck
k this deck
43
Who theorized that the critical divisions between classes were the result of the economic system?

A)Max Weber
B)Emile Durkheim
C)Ralf Dahrendorf
D)Karl Marx
Unlock Deck
Unlock for access to all 125 flashcards in this deck.
Unlock Deck
k this deck
44
Two billion of the world's poor live on less than __________ a day.

A)$10
B)$8
C)$5
D)$2
Unlock Deck
Unlock for access to all 125 flashcards in this deck.
Unlock Deck
k this deck
45
Most people,before retirement age,get most or all of their income from __________.

A)their jobs
B)income transfers from the government (such as Social Security)
C)investments
D)inheritances
Unlock Deck
Unlock for access to all 125 flashcards in this deck.
Unlock Deck
k this deck
46
The top 1 percent of the world's population controls _________ percent of the entire world's wealth.

A)12
B)22
C)32
D)45
Unlock Deck
Unlock for access to all 125 flashcards in this deck.
Unlock Deck
k this deck
47
Which of the following groups of people is NOT characteristic of class?

A)people with similar economic situations
B)people with similar opportunities in life
C)people with diverse attitudes and behaviors
D)people who have the potential to engage in collective action
Unlock Deck
Unlock for access to all 125 flashcards in this deck.
Unlock Deck
k this deck
48
Well-being includes all of the following aspects of everyday life EXCEPT __________.

A)access to healthcare
B)safety from crime and violence
C)one's general level of happiness
D)loan repayment schedules
Unlock Deck
Unlock for access to all 125 flashcards in this deck.
Unlock Deck
k this deck
49
The study of the distinctions among different social classes is called __________.

A)social differentiation
B)social stratification
C)class analysis
D)consumption analysis
Unlock Deck
Unlock for access to all 125 flashcards in this deck.
Unlock Deck
k this deck
50
One justification of inequality cited in The Sociology Project is associated with the desirability of ensuring that __________.

A)continual class conflict spurs social change
B)talented people are properly incentivized
C)people are able to freely choose which employers they work for
D)competition for work is stiffest at the highest salary levels
Unlock Deck
Unlock for access to all 125 flashcards in this deck.
Unlock Deck
k this deck
51
The second and third richest people in the world in 2012 were Americans __________.

A)Warren Buffett and Mark Zuckerberg
B)Oprah Winfrey and David Koch
C)Bill Gates and Oprah Winfrey
D)Bill Gates and Warren Buffett
Unlock Deck
Unlock for access to all 125 flashcards in this deck.
Unlock Deck
k this deck
52
__________ is a designation of class that considers income,occupation,and salary.

A)Life chance
B)Socioeconomic status
C)Consumption utility
D)Class analysis
Unlock Deck
Unlock for access to all 125 flashcards in this deck.
Unlock Deck
k this deck
53
Which of the following class schemes is NOT one of the five core classes identified by Erikson and Goldthorpe?

A)the self-employed versus those employed by others
B)the creative versus the noncreative
C)supervisors versus those without supervisory responsibilities
D)skilled manual laborers versus unskilled laborers
Unlock Deck
Unlock for access to all 125 flashcards in this deck.
Unlock Deck
k this deck
54
Between 1975 and 2008,household debt for middle-class families __________.

A)declined
B)declined,but only moderately so
C)soared
D)began leveling off
Unlock Deck
Unlock for access to all 125 flashcards in this deck.
Unlock Deck
k this deck
55
Illegal or "underground" earnings from crime or from untaxed (undeclared)work or activity are __________.

A)considered as income
B)not considered as income
C)considered as wealth
D)considered neither income nor wealth
Unlock Deck
Unlock for access to all 125 flashcards in this deck.
Unlock Deck
k this deck
56
__________ refers to the receipt of money over a period of time,whereas __________ refers to the net value of assets that one has at a given point in time.

A)Wealth;income
B)Income;wealth
C)Capital;wealth
D)Wealth;salary
Unlock Deck
Unlock for access to all 125 flashcards in this deck.
Unlock Deck
k this deck
57
The bottom 30 percent of the world's population controls less than __________ percent of the world's wealth.

A)1
B)10
C)15
D)25
Unlock Deck
Unlock for access to all 125 flashcards in this deck.
Unlock Deck
k this deck
58
Defenders of inequality often point to __________ in their arguments against using legislation to make society more equal.

A)Sweden
B)the former Soviet Union
C)the Confederate States of America
D)the People's Republic of China
Unlock Deck
Unlock for access to all 125 flashcards in this deck.
Unlock Deck
k this deck
59
For poor and middle-class families,consumption often __________ reported income.

A)is less than
B)exceeds
C)is about equal to
D)is not correlated to
Unlock Deck
Unlock for access to all 125 flashcards in this deck.
Unlock Deck
k this deck
60
In Marxist terms,the important distinction between classes was between the __________ and the __________.

A)proletariat;bourgeoisie
B)capitalists;bourgeoisie
C)proletariat;serfs
D)serfs;bourgeoisie
Unlock Deck
Unlock for access to all 125 flashcards in this deck.
Unlock Deck
k this deck
61
The Federal Income Tax was established permanently by the __________

A)12ᵗʰ Amendment
B)14th Amendment
C)Bill of Rights
D)16ᵗʰ Amendment
Unlock Deck
Unlock for access to all 125 flashcards in this deck.
Unlock Deck
k this deck
62
Compared with other countries of the world,the Gini Index for the United States is about equal to the scores of __________.

A)France,Germany,and the United Kingdom
B)Botswana,Sierra Leone,South Africa,
C)Argentina,Iran,and Nigeria
D)Denmark,Norway,and Sweden
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63
Psychologists agree that talent is something that people __________.

A)can acquire
B)cannot acquire
C)cannot acquire without monetary incentives
D)are born with
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64
The majority of minimum-wage employees are __________.

A)teenagers
B)whites
C)Hispanic
D)adults
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65
Apple Computer manufactures all iPads and iPhones in __________.

A)China
B)China and India
C)China,Mexico,and the Philippines
D)China,Mexico,and the United States
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66
The efficiency justification of inequality is associated with the idea that __________.

A)the possibility of disproportionate rewards motivates individuals to take risks
B)people are free to develop their own talents
C)markets have the ability to develop new business models
D)markets can develop unimpeded by government intervention
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Unlock for access to all 125 flashcards in this deck.
Unlock Deck
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67
The higher the income share of the wealthiest 10 percent in a society __________.

A)the more equal that society is likely to be
B)the less equal that society is likely to be
C)the less efficient that society is likely to be
D)the more efficient that society is likely to be
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68
Countries where disparities between the poor and the rich are small are called __________.

A)equilateral
B)equalitarian
C)egalitarian
D)efficient
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69
Compared with the wealthiest 10 percent of present-day Americans,the wealthiest 10 percent of Americans in the 1920s received _________ of national income.

A)a smaller share
B)a larger share
C)a much larger share
D)about the same share
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70
On the Gini Index,which measures income inequality,a score of 1 indicates __________.

A)complete inequality
B)complete equality
C)average levels of inequality
D)moderately high levels of inequality
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71
__________ is a measure of the output per worker per hour.

A)Productivity
B)Progressivity
C)Production efficiency
D)Labor efficiency
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72
Comparative data indicate that,of all the following countries,only __________ is not considered egalitarian.

A)Sweden
B)Norway
C)the United States
D)Denmark
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73
In a perfectly equal society,the income share of the wealthiest one-tenth of families would be equal to __________ percent of the national income.

A)one-tenth of 1
B)1
C)10
D)20
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74
The premise of the __________ is that billionaires,millionaires,and all those at the top of the income ladder are expected to pay more in taxes than minimum-wage employees.

A)Gini Index
B)Lorenz curve
C)correlation coefficients
D)progressive tax system
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Unlock for access to all 125 flashcards in this deck.
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75
SBTC is an acronym sociologists use for __________.

A)skill-based technological change
B)sustainable business tax credits
C)small business technology councils
D)skill-biased technological change
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76
In the 1960s,the U.S.government launched the __________,a policy initiative to reduce poverty and racial inequality.

A)Great Deal
B)Great Society
C)New Deal
D)New Society
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77
In general,technology __________ jobs that require higher levels of education while it __________ jobs that require middle and lower levels of education.

A)replaces;complements
B)complements;replaces
C)raises wages for;lowers wage for
D)lowers wages for;raises wages for
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78
When is the value of the minimum wage likely to decrease?

A)when productivity declines
B)when productivity increases
C)when inflation increases
D)when prices deflate
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79
The larger the Gini Index,______________.

A)the more equality a region has
B)the more inequality a region has
C)the more unemployed people a region has
D)the more employed people a region has
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Unlock Deck
k this deck
80
As a result of economic restructuring,average wages have __________ since the 1970s.

A)increased
B)decreased
C)stagnated
D)increased then sharply declined
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Unlock Deck
Unlock for access to all 125 flashcards in this deck.