Question 1

Define and give examples of the terms unemployment, underemployment, and discouraged workers.

Accepted Answer

Correct answer varies but should include unemployment defined as being economically active and in the labor force (e.g., not retired), able and willing to work, and seeking employment but unable to find a job. Many Americans must also cope with the problem of underemployment (Dooley and Prause 2009). This involves (a) being in jobs that are not up to one’s training and ability, such as a college professor driving a taxi at night; (b) being an involuntary part-time worker; that is, working part-time because one cannot find full-time work; or (c) working in jobs that are not fully occupying, such as in a seasonal industry such as agriculture, where work slows down dramatically or disappears in the off-season. The statistics on unemployment understate the problem of lack of work because they deal only with those who are in the labor force and who are actively seeking work. Another large group of people who are marginally attached to the workforce includes discouraged workers (Heslin, Bell, and Fletcher 2012). To be categorized as such, people must have sought work within the last year or since their last job ended, if that was less than a year previous, and must have not sought work in the last four weeks. Other reasons to be considered marginally attached to the labor force include being prevented from working because of family responsibilities or because of a lack of transportation.

Question 2

A prosumer can either produce or consume, but they cannot do so at the same time.

Accepted Answer

A) True 
 B)False  False

Question 3

Which one of the following is a criticism of democracies according to your text?

Accepted Answer

A)   Voters are typically uninformed about political issues.
B)   Liberal democracies don't extend enough rights.
C)   Little diversity of thought exists.
D)   Laws tend to be repressive. A

Question 4

Discuss the differences between communism and socialism.

Accepted Answer

The answer of Discuss the differences between communism and socialism....

Question 5

Unemployment insurance is a form of welfare.

Accepted Answer

A) True 
 B)False

Question 6

Discuss the concept of Fordism. When did this emerge and why? Name at least two characteristics of Fordism.

Accepted Answer

The answer of Discuss the concept of Fordism. When did...

Question 7

When nongovernmental actors engage in acts of violence targeting noncombatants or private property, they are called ______.

Accepted Answer

A)   criminals
B)   terrorists
C)   warriors
D)   civilian-soldiers

Question 8

Capitalism today can be characterized as producer capitalism.

Accepted Answer

A) True 
 B)False

Question 9

Deindustrialization has created a culture of insecurity.

Accepted Answer

A) True 
 B)False

Question 10

Structural-functionalism answers the question, "Who rules America?" with ______.

Accepted Answer

A)   the wealthy
B)   pluralism
C)   representatives
D)   the president

Question 11

The group Boko Haram killed people and kidnapped girls from a school in Nigeria. This is considered ______.

Accepted Answer

A)   terrorism
B)   globalization
C)   insurgent war
D)   legitimate violence

Question 12

Define the term democracy and discuss the differences between a representative and direct democracy. Include in your discussion the terms citizens and citizenship.

Accepted Answer

The answer of Define the term democracy and discuss the...

Question 13

The United States has always offered universal citizenship.

Accepted Answer

A) True 
 B)False

Question 14

The United States has sponsored dictatorships in other countries.

Accepted Answer

A) True 
 B)False

Question 15

When a few companies come to dominate the market, this is referred to as ______.

Accepted Answer

A)   dominant capitalism
B)   monopoly capitalism
C)   conglomerate capitalism
D)   welfare capitalism

Question 16

The key development in the emergence of the modern economy was ______.

Accepted Answer

A)   the Industrial Revolution.
B)   the Agricultural Revolution.
C)   the Postindustrial Revolution.
D)   the Progressive Revolution.

Question 17

Who rules the United States according to the structural-functional and conflict perspectives? Include in your discussion the power elite theory and elite pluralism in your response. Include one criticism of each perspective.

Accepted Answer

The answer of Who rules the United States according to...

Question 18

The ______ is the social system involved in the production and distribution of goods.

Accepted Answer

A)   government
B)   political system
C)   economy
D)   regime

Question 19

The global political organization that promotes peaceful conflict resolution and has endured since World War II is the ______.

Accepted Answer

A)   World Congress
B)   United Nations
C)   Peace Corps
D)   League of Nations

Question 20

______ are states that are usually totalitarian and ruled either by a single individual or by a small group of people.

Accepted Answer

A)   Monarchies
B)   Dictatorships
C)   Democracies
D)   Oligarchies

Exam 12: Politics and the Economy

Define and give examples of the terms unemployment, underemployment, and discouraged workers.

A prosumer can either produce or consume, but they cannot do so at the same time.

Which one of the following is a criticism of democracies according to your text?

Discuss the differences between communism and socialism.

Unemployment insurance is a form of welfare.

Discuss the concept of Fordism. When did this emerge and why? Name at least two characteristics of Fordism.

When nongovernmental actors engage in acts of violence targeting noncombatants or private property, they are called ______.

Capitalism today can be characterized as producer capitalism.

Deindustrialization has created a culture of insecurity.

Structural-functionalism answers the question, "Who rules America?" with ______.

The group Boko Haram killed people and kidnapped girls from a school in Nigeria. This is considered ______.

Define the term democracy and discuss the differences between a representative and direct democracy. Include in your discussion the terms citizens and citizenship.

The United States has always offered universal citizenship.

The United States has sponsored dictatorships in other countries.

When a few companies come to dominate the market, this is referred to as ______.

The key development in the emergence of the modern economy was ______.

Who rules the United States according to the structural-functional and conflict perspectives? Include in your discussion the power elite theory and elite pluralism in your response. Include one criticism of each perspective.

The ______ is the social system involved in the production and distribution of goods.

The global political organization that promotes peaceful conflict resolution and has endured since World War II is the ______.

______ are states that are usually totalitarian and ruled either by a single individual or by a small group of people.